US to Halt Export Controls for Listed Firms for 1 Year in Pursuit of Rare Earth - Bessent

NAMPA / Sputnik

2025-10-30

WASHINGTON, October 30 (RIA Novosti) - The United States will be suspending a new rule that would have expanded the Entity List export restrictions to any entity that is 50% owned by one or more entities on the list for one year in exchange for easier access to China's rare earths, US Secretary of the Treasury Scott Bessent said on Thursday. "Yes, we are going to be suspending that for a year in return for the suspension on the rare earth licensi......

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