US President Donald Trump on Friday clarified that he did not cancel his meeting with Chinese President Xi Jinping after his recent remarks about having “no reason to meet Xi” had triggered speculations about the two leaders’ upcoming meeting. Speaking to reporters, Trump said he had not officially cancelled the meeting with Xi, but expressed…
“While it used to be possible to obtain machine tools with an accuracy of 3-4 microns, it’s no longer possible. A special export license is required.” He noted that the limitations were an indication of Beijing’s hesitation to forge partnerships with Russian companies. This development coincides with fresh data revealing a broader decrease in commerce…
US President Donald Trump addressed the rare earth magnet dispute with China, warning of potential 200% tariffs if supplies are not provided. He highlighted the historical monopoly China created over magnets, emphasizing national security concerns and the US plan to ramp up domestic production. Trump stressed that America holds stronger trade leverage, maintaining a good…