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US officials said China has failed to boost rare earth supply as promised, fulfilling only about two-thirds of its commitments. The shortfall matters because rare earths are critical inputs for defense, electronics and clean-energy supply chains, and the gap suggests Beijing's export posture remains a pressure point in U.S.-China trade relations. Traders will watch for any Chinese response or revised quota guidance, and for whether Washington escalates the issue in upcoming bilateral talks.

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China, United States, Walter Bloomberg