SHANGHAI: China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by July 5,

Suppliers of three big U.S. automakers, General Motors,, Ford and Jeep-maker Stellantis got clearance for some rare earth export licenses on Monday, one of the two sources said.

Beijing insists it has met its commitments to “suspend or cancel” its nontariff retaliatory measures to Trump’s April 2 “Liberation Day” tariffs. China announced restrictions on seven rare earths and magnets on April 4, although it never officially said this was in retaliation.