European Union ministers have urged Brussels to take a “tough” response to China’s latest restrictions on rare earth exports. He added that he had received “a lot of concerned calls from European industry, especially car companies”. Last week, Beijing announced further controls that meant products with small traces of rare earths as well as processing…
The United States soya bean harvest is under way, and in rural Maryland, farmer Travis Hutchison cracks open a pod to show that the field is nearly dry enough for reaping. But a decent yield is not enough to secure his income this year, with China – once the biggest buyer of US soya bean…
US President Donald Trump and Chinese leader Xi Jinping’s latest tit-for-tat showdown has both countries claiming the ball is now in the other’s court, with the clock ticking toward another escalation in import tariffs. Donald Trump shakes hands with Xi Jinping during a meeting on the sidelines of the G-20 summit in Japan, June 29,…
French economist Philippe Aghion issued a stark warning to Europe shortly after winning this year’s Nobel Prize, saying the continent was losing the technology race to China and the United States. “Europe needs to wake up. We’re falling behind technologically compared to the United States and now China,” the newly minted laureate said during public…
Tasos Katopodis/Getty Images Aside from the steep monetary value, these shakedowns have also made media companies more adverse to reporting criticism of the president and his administration’s actions. Next came universities: Long the foundation of America’s scientific and technological supremacy, Trump cut off federal research funding for major universities in order to force them to…
WASHINGTON (AP) — For many years, American and Chinese scholars worked shoulder to shoulder on cutting-edge technologies through open research, where findings are freely shared and accessible to all. But that openness, a long-standing practice celebrated for advancing knowledge, is raising alarms among some U.S. lawmakers. They are worried that China — now considered the…
Traders work on the floor at New York Stock Exchange American at the New York Stock Exchange in New York City, U.S., April 10, 2025. Jeenah Moon | Reuters Stock futures were little changed on Monday night, following a winning session in which the major averages recovered a chunk of their losses suffered at the…
The secretary of the US Treasury says President Trump may call off his 100 percent tariff threat on China as negotiations continue. Plans for United States President Donald Trump to meet his Chinese counterpart Xi Jinping in South Korea in late October remain intact, despite resurgent trade tensions between the two countries, US Treasury Secretary…
China has accused the United States of “double standards” after US President Donald Trump threatened to impose an additional 100 percent tariff on Chinese goods in response to Beijing’s curbs on exports of rare earth minerals. China says its export control measures announced last week were in response to the US restrictions on its entities…
A new battery of Chinese trade “countermeasures” launched against the United States could be a “very positive” step towards stabilising bilateral relations, compelling the Trump administration to take a more grounded approach towards Beijing, a prominent academic has suggested. The assessment came as the White House dialled down its rhetoric on fresh trade tensions between…