The Chinese government will address "legitimate' U.S. concerns regarding Beijing's rare earth export contols while calling the moves "in accordance with laws and regulations," the commerce ministry said in a statement Wednesday.
China introduced the rare earth export controls as an answer to President Donald Trump's "Liberation Day" tariffs.
Beijing earlier agreed to address rare earth shortage concerns during the meeting with Presidents Trump and Xi Jinping last week, the White House said Sunday.
"The Chinese government implements export controls on key minerals such as rare earths in accordance with laws and regulations, and reviews compliant, civilian-use licensing applications," the ministry said in its statement.
The statements from Washington and Beijing, issued days apart, reflect a new status quo where the U.S. seems to accept the restrictions, Reuters reported separately.
Six months earlier, during the Trump-Xi meeting in South Korea, Washington said the restrictions "would be dismantled," the report said.