An analysis has claimed that if the West – the US, Europe and the UK – are to reduce their dependence on Chinese manufacturing, technology and supply chains, they will have to invest $23.6 trillion over and above what they plan to in the next 25 years. According to a report by consultancy EY-Parthenon (via…
RAI Image for Representation China’s move to tighten control over rare earth mineral exports has backfired, prompting the United States and its allies to ramp up efforts to secure alternative supplies of the critical materials, so says US Treasury Secretary Scott Bessent. Talking to Epoch Times, Bessent said that Beijing “made a real mistake” by…
US President Donald Trump said his proposed 100% tariff on goods from China would not be sustainable, but blamed Beijing for the latest impasse in trade talks that began with Chinese authorities tightening control over rare earth exports. The new trade actions were Trump’s reaction to China dramatically expanding its export controls on rare earth…
Topline U.S. stock futures rose early on Monday as President Donald Trump and Vice President JD Vance signaled they are open to a deal with China to de-escalate trade tensions, after the president threatened to impose an additional 100% tariff on Chinese goods on Friday in response to Beijing’s expansion of export controls on critical…
Published on: Oct 09, 2025 01:34 pm IST Overseas exporters of items that use rare earths sourced from China will need to obtain an export license from the country’s Ministry of Commerce. China has tightened curbs on rare earths to include items manufactured abroad, adding another layer of restrictions on an industry that’s been a…