China's exports of rare-earth magnets to the United States in June surged more than six times from May levels, following successful Sino-U.S. trade talks.

China boosted shipments of rare earth magnets in June — including to the US — after a global supply squeeze that threatened factory closures and inflamed trade tensions.Most Read from BloombergWhy the Federal Reserve’s Building Renovation Costs $2.

China's rare earth magnet exports to the U.S. have surged 660% in June, following a trade deal, significantly boosting supplies for electric vehicles and wind turbines. Discover the implications for the global supply chain.