Bessent says China to resume U.S. soybean buys, delay rare - earth curbs as trade deal nears

Treasury Secretary Scott Bessent said the United States and China are nearing a breakthrough trade agreement that could revive agricultural exports and cool tensions over technology and tariffs. Earlier:Positive signs emerge of a US-China dealSpeaking after two days of talks in Malaysia with Beijing’s top negotiator, Bessent told U.S. Commodities tied to China’s industrial policy—like rare earths—may face short-term price corrections.