# Bessent

U.S. Treasury Says China Is Delivering Rare Earths and Soybeans — but Risks Linger

At Davos U.S. Treasury Secretary Bessent said China has fulfilled commitments to purchase U.S. soybeans and to supply rare earths, with rare‑earth flows reportedly above 90 percent compliance. Officials present this as a pragmatic easing of trade tensions, but farmers’ doubts and the strategic concentration of rare‑earth processing in China mean risks remain.