India, Oct. 31 -- China has agreed to pause export restrictions on rare earth elements for one year following a meeting between Xi Jinping and Donald Trump in Busan.

The US will reduce tariffs on Chinese imports and delay new technology sanctions as part of the deal.

Beijing's earlier export controls had jolted global supply chains..

Analysts say the truce may have tilted in Beijing's favour, reflecting Xi's growing use of economic leverage.

Experts warn the truce remains fragile despite easing immediate trade tensions.

China has agreed to pause sweeping export controls on rare earth elements for one year following a high-stakes meeting between President Xi Jinping and United States President Donald Trump in Busan, South Korea - a tr...