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Here are the refined key foreign trade news items as of December 20, 2025, with clear core information and concise English expressions:

1. China’s Rare – Earth Magnet Exports Hit Second – Highest Record in NovemberCustoms data released on December 20 shows that China’s rare – earth magnet exports reached 6,150 metric tons in November 2025, the second – highest on record (only behind the 6,357 tons in January). Exports rose 12% month – on – month, boosted by the U.S. – China agreement to streamline shipments of related elements. Notably, exports to Japan soared 35% to 305 metric tons (the highest this year), while those to the U.S. dropped 11% month – on – month to 582 metric tons. These magnets are widely used in cars, weapons and electronic devices.
2. China Extends Anti – Dumping Duties on EPDM Rubber from US, South Korea and EU; Ends Those on UK ImportsStarting December 20, China will continue to impose anti – dumping duties on ethylene – propylene – diene monomer (EPDM) rubber imported from the US, South Korea and the EU during the sunset review investigation period, following the previous tax scope and rates. Meanwhile, the anti – dumping measures on EPDM rubber imported from the UK will expire and terminate on the same date.
3. WTO Authorizes EU to Impose Retaliatory Measures Against US Over Canned Olives DisputeAt a meeting on December 19, WTO members approved the EU to take trade retaliatory measures against US imports. This move is a response to the long – standing trade dispute between the US and the EU over canned olives, which is expected to affect related trade flows between the two sides.
4. China’s EPDM Anti – Dumping Review Affects Import DynamicsChina’s Ministry of Commerce launched a sunset review of anti – dumping measures on EPDM rubber from the US, South Korea and the EU. During the review, the original anti – dumping tax rates remain in effect, which will help protect the interests of China’s domestic EPDM industry and maintain the stability of the domestic market supply and demand pattern.
5. **UNCTAD Projects 2025 Global Trade to Surpass $35 Trillion**A latest UNCTAD report estimates that global trade in goods and services will exceed $35 trillion in 2025, an increase of about 7% year – on – year. South – South trade and East Asia’s exports lead the growth, with manufacturing (especially electronics) being the main driver, while the automotive sector remains weak.