Beijing To Pause Probes Into US Chipmakers: White House

China has agreed to halt investigations into U.S. semiconductor companies and issue export licenses for critical minerals. This comes after months of trade tensions between the United States and China. President Trump and Xi Jinping reached this agreement during a meeting in South Korea. Beijing will postpone its announced export controls on rare earths for one year. Additionally, China will terminate antitrust, anti-monopoly, and anti-dumping probes targeting U.S. semiconductor firms. The Chinese regime will issue general licenses for exports of rare earth, gallium, germanium, antimony, and graphite. These licenses will benefit U.S. end users and their global suppliers. The agreement also includes measures to resume trade from Nexperia's facilities in China. Nexperia, a chipmaker owned by a Chinese company, had faced export restrictions. This deal aims to prevent disruptions in critical chip supply chains.