China exports 20% fewer magnets to US despite trade truce

According to customs data, China's exports of rare earth magnets to the United States have dropped by 20% in the first half of 2026 compared to the average from 2022 to 2024, despite a trade truce between the two countries. Monthly shipments averaged 479 tonnes, down from 586 tonnes in the three-year period before trade restrictions were introduced. The data indicates that shipments are stabilizing in 2026 but remain significantly below pre-curb levels. The decline highlights the lasting impact of trade restrictions on bilateral trade in strategic materials, even amid a temporary truce.

First published Aug 4, 02:57 PM UTCUpdated Jul 20, 07:13 AM UTC1 reports · 1 sources

Editorial responsibility

Prepared by: WorldAttention Editorial Systems
Human review: No named human review is recorded for this page.
Automated steps: Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page itself is projected from evidence records.
Page status: Current automated evidence projection
Last updated: Jul 20, 07:13 AM UTCEditorial record as of Aug 4, 02:57 PM UTC

How automation and AI are used · Report a correction or rights issue

Wire timeline

currentJul 20, 07:13 AM UTC

China exports 20% fewer magnets to US despite trade truce

Coverage sources

External reporting used to assemble this Story.

China exports 20% fewer magnets to US despite trade truceThe Business TimesRegionalJul 20, 07:13 AM UTC

Follow the context

China United States US