As U.S. and Chinese negotiators meet for trade talks, a primary concern for Washington will be whether Beijing eases the flow of rare earth materials.

China has agreed to fast-track approvals for the shipment of rare earth minerals to the United States and some European Union nations.

In the latest edition of WSJ’s Take On the Week podcast, we look at why rare-earth magnets are at the center of U.S. trade talks with China. We also take a look at inflation ahead of this week’s consumer-price index report,