US EditionChina Strikes Cautious Tone After Trump Claims Trade Deal Is 'Done'
- Representatives from the United States and China gathered in London this week and agreed on a preliminary trade framework between the world’s two largest economies.
- The talks, following a May agreement in Geneva and a June 5 call between Presidents Trump and Xi, focused on easing export restrictions amid escalating tensions over rare earth minerals and technology.
- China controls about 90% of global rare earth production and approved some export licenses, while the U.S. expanded export controls targeting advanced chips and technologies.
- Secretary of Commerce Howard Lutnick described the talks as "really, really well" and said they will begin implementing the agreement through further phone discussions.
- Despite progress and new trade understandings, experts and industry officials warn disruptions and uncertainties remain significant in supply chains and final approvals.
49 Articles
49 Articles
Rare earth minerals are the biggest card China can play in its negotiations with Trump
The majority of rare earth minerals in the US come from China.David Becker/REUTERSRare earth minerals are needed in everything from motors to a basic TV remote.US relations with China remain fragile, which could spell trouble for the rare earths supply chain.Mineral experts say the US may need to learn to work with allies and nature to obtain minerals.China has a significant card to play in its trade negotiations with the US, which could not onl…
American protectionism hands China the future
Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. Deal with China is not yet done Scott Foster analyzes the latest developments in US-China trade talks, highlighting Donald Trump’s exaggerated claims of victory despite an unfinished deal. While a tentative framework was reached in […] The post American protectionism hands China the future appeared first on Asia Times.
China grants rare earth export permits after U.S. trade talks, offers relief but uncertainty persists | The Asahi Shimbun Asia & Japan Watch
OMAHA, Neb.--The high-level negotiations over China’s export controls of rare earths is giving U.S. businesses some relief, even though it may be only for now.
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