China has issued temporary export permits to rare-earth suppliers serving the three largest US automobile manufacturers. (AI image) China is emerging as an indirect beneficiary of America’s massive artificial intelligence spending surge, even as Washington steps up efforts to curb Chinese technology access, according to a report cited by the South China Morning Post. The…
WASHINGTON: U.S. President Donald Trump will travel to China from March 31 to April 2, a White House official said on Friday, setting dates for a highly anticipated encounter amid tension between the world’s biggest economies. Trump is expected to meet Chinese President Xi Jinping as part of the extended visit, as the two sides…
US President Donald Trump said Chinese President Xi Jinping has assured him that Beijing would take no military or political action toward unifying Taiwan with mainland China while Trump remains in office. “He has openly said, and his people have openly said at meetings, ‘We would never do anything while President Trump is president,’ because…
The Trump administration is reportedly considering a plan to restrict US software exports to China in response to Beijing’s latest rare earth export restrictions, Reuters reported, citing a US official and sources briefed by authorities. The potential measures could target products ranging from laptops to jet engines. Scope of proposed measures The proposed restrictions are…
President Donald Trump has once again sent shockwaves through global markets by threatening to impose a 155% tariff on Chinese imports starting November 1, 2025. The announcement has sparked intense debate across Wall Street, Beijing, and beyond, raising fears of a potential market crash just weeks before the year’s end. In a fiery statement from…
FILE – American flags are displayed with Chinese flags in Beijing. (AP Photo/Andy Wong, File) Beijing’s recent expansion of rare earth export controls appeared to intensify the US-China trade war, but analysts point out the dispute began with a US action in late September. According to a report in the South China Morning Post, the…
Updated on: Oct 20, 2025 08:27 am IST This comes after Donald Trump unveiled a 100% tariff on goods from China, along with new export controls on “any and all critical software” by November 1. US President Donald Trump on Sunday hinted at lowering tariffs on China if Beijing can do “things” for Washington as…
Oil prices dipped on Monday, pressured by worries over a global glut as escalating U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand. Brent crude futures fell 24 cents, or 0.4%, at $61.05 a barrel at 0032 GMT, while U.S. West Texas Intermediate futures were down 21 cents, or 0.4%,…
China broke its silence on the American technology giant Qualcomm that had faced action from Chinese authorities hours before the US President announced his threat to impose 100% extra tariff on China, starting November 1. On October 10, China’s market regulator State Administration for Market Regulation (SAMR) launched an anti-monopoly investigation into US semiconductor giant…
China’s sweeping new restrictions on rare earth exports jolted governments and set off a race to secure alternative supplies, in a stark demonstration of Beijing’s global clout and growing risks for companies. The rules announced last week require overseas firms to obtain Chinese government approval before exporting products containing even trace amounts of certain rare…