Trump promises 'fantastic deal' with China

Trump promises ‘fantastic deal’ with China

WASHINGTON (AP) — President Donald Trump said Monday that the U.S. commands “great respect” from Beijing and that he will reach a “fantastic deal” with Chinese President Xi Jinping when the two leaders meet soon. Trump’s remarks come after Beijing infuriated him by expanding export controls on rare earth products that are used in smartphones,…

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Can Australia provide US with rare-earth metals which China has restricted? | Business and Economy News

Can Australia provide US with rare-earth metals which China has restricted? | Business and Economy News

Australia may have spotted a lucrative hole in the market for rare-earth metals, which are crucial for the defence industry and for manufacturing products necessary for the development of artificial intelligence (AI), such as semiconductors. Last week, China, which has a stranglehold on the supply of these critical minerals, tightened its export controls over its…

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Trump’s 100% tariff threat: History of US trade measures against China | Donald Trump News

US, China impose port fees: Is a return to all-out trade war imminent? | Business and Economy News

China and the US have started charging additional port fees on shipping vessels as trade tensions between the world’s two largest economies soared back, following China’s rare earth export controls in response to new trade restrictions imposed by the Trump administration. The port fees from both sides went into force on Tuesday and have caused…

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