Few expect major breakthroughs this week, but most of the trade watchers said a six-month to year-long truce extension is likely. Chiu said he’s mostly anticipating pomp and circumstance rather than tangible deliverables on Thursday. He expects a truce agreement to come closer to the November deadline. Neither Ashton nor Chiu, however, anticipate any concrete Chinese commitments on rare-earth licensing volumes, turnaround times, minimum supply levels, or enforcement.
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