US Treasury’s Bessent: Rare earths deal will 'hopefully' be done by Thanksgiving — Reuters

FXStreetNov 17, 2025 12:33 AM

View all comments（0）



US Treasury Secretary Scott Bessent said that a rare earths deal between the U.S. and China will "hopefully" be done by Thanksgiving, Reuters reported on Sunday.

Key quotes

Rare earths deal with China will "hopefully" be done by Thanksgiving.

I am confident that post our meeting in Korea between the two leaders, President Trump, President Xi (Jinping), that China will honor their agreements.

Market reaction

At the time of writing, the US Dollar Index (DXY) is trading 0.08% higher on the day to trade at 99.37.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Week Ahead: ECB Interest Rate Decision Looms; Alphabet, Tesla, Intel Earnings Debut; Global Flash PMIs Revealed

TradingKey - In the coming week, global markets will witness one of the most significant central bank decisions of July. The European Central Bank (ECB) will announce its latest interest rate decision, with investors closely watching whether President Christine Lagarde provides policy signals for September. Simultaneously, preliminary July PMI data will be released for the US, Japan, and the Eurozone, offering fresh clues on the global economic start to the third quarter. Meanwhile, the second-quarter earnings season for US stocks continues to progress.

Nvidia Stock Price Forecast: Jensen Huang Personally Responds to Market Doubts, Can Nvidia Stock Price Still Rise in the Second Half of 2026?

TradingKey - As of July 16 Eastern Time, Nvidia (NVDA) shares closed at $207.4, down 2.4% for the day. Although Nvidia’s stock price has undergone a correction since June, it stabilized and rebounded in July, posting a cumulative monthly gain of 3.65%. This indicates that the market continues to support Nvidia's long-term AI growth logic.

Electric Vehicle Market Enters Trillion-Dollar Era, Is Tesla or Rivian More Worthy of Long-Term Investment?

TradingKey - The global new energy vehicle industry is still in a phase of rapid expansion. However, for investors, industry growth does not mean all electric vehicle companies will emerge as winners. Between these two representative EV companies, Tesla (TSLA) and Rivian (RIVN), which stock is better suited for long-term holding?

AMD Stock Down 17% From Peak — Can July 22 Advancing AI Save It?

TradingKey - AMD ended the week at $486, down 17% from its June high. The trendline broke. RSI hit 29. But KeyBanc raised to $725, BofA to $620, and July 22 Advancing AI brings Zen 6 Venice and the MI455X roadmap. Here is the setup for the week ahead.

SpaceX IPO Makes History, But Breaks Below Offer Price a Month Later, What Should Investors Watch in the Coming Months?

TradingKey - On June 12, 2026, Eastern Time, SpaceX (SPCX) listed on the Nasdaq at $135 per share with a base fundraising size of approximately $75 billion, setting a new global IPO record.

Featured Tools