AI image for representation The TOI correspondent from Washington: The trade war between the United States and China dramatically escalated this week, reaching a new and alarming phase after tit-for-tat export controls that rattled markets even as they were closing on Friday. Barring a pullback by both sides over the weekend, more pain is expected…
Ahead of a potential meeting between President Trump and Chinese leader Xi Jinping, Beijing dropped a bombshell: China was further restricting access to the supplies that American companies need for computer chips, cars and other technology. The move gives China leverage ahead of expected trade talks with Washington. PREMIUM A laborer works at the site…
Here’s why Trump is threatening 100% tariff on China President Donald Trump issued a new threat in his trade war with China on Friday in response to new export controls on rare earth minerals. Updated: 9:16 AM EDT Oct 11, 2025 Editorial Standards ⓘ Stocks fell sharply on Friday after President Donald Trump announced plans…
The United States could impose export controls on Boeing aircraft parts following China’s recent restrictions on rare earth mineral exports, President Donald Trump said on Friday.Trump told reporters that Beijing has many Boeing planes and they need parts for those.He expressed surprise at China’s decision, noting his strong personal rapport with President Xi Jinping. “And…
By Dan Catchpole and Steve Holland WASHINGTON (Reuters) -The United States could impose export controls on Boeing plane parts as part of Washington’s response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday. Trump has frequently used Boeing in his aggressive efforts to reshape global trade since taking office in…
(Bloomberg) — Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare-earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare-earth…
China has placed sweeping new restrictions on rare earth materials and equipment in a move that could deny U.S. companies and defense contractors access to critical building blocks in their supply chains. The export controls, laid out on Thursday in two notices issued by China’s Commerce Ministry, were a subtle shot across the bow to…
BEIJING (Reuters) -China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology, unauthorised overseas cooperation and spelling out its intention to limit exports to overseas defence and semiconductor users. Exports of technology used to mine and process rare earths or make the associated magnets is barred without permission, the Ministry of…
In July, the Trump administration announced its highly-anticipated AI Action Plan, which sets out a guide for achieving U.S. AI dominance by propelling innovation and adoption, easing regulation, and promoting the country’s tech stack abroad. Just three days later, China released its own vision, the Action Plan on Global Governance of Artificial Intelligence. In stark…
In July, both the United States and China put forward their national visions for AI development and governance through their own AI Action Plans. Washington’s plan leans into the rhetoric of AI dominance and transactional dealmaking to advance U.S. national interests. In stark contrast, Beijing has pitched the world on a vision of AI governance…