Page 10 - Us China Trade War
US, China reach agreement to ease export curbs, keep tariff truce alive
US commerce secretary Lutnick said the London agreement would lift some recent US export restrictions but gave no details after talks ended
 "US, China reach agreement to ease export curbs, keep tariff truce alive")
Rupee ends flat for second straight session as US-China trade talks linger
Indian Rupee today: The domestic currency appreciated 1 paise to end at 85.62 against the dollar, after closing at 85.63 on Monday
 "Rupee ends flat for second straight session as US-China trade talks linger")
US-China trade talks enter day 2 in London amid rare earths, export dispute
US-China trade talks aim to defuse rising tensions over chip exports and critical minerals, revive Geneva truce, and ease strain on global supply chains amid signs of economic stress
 "US-China trade talks enter day 2 in London amid rare earths, export dispute")
Huawei founder dismisses impact of US chip curbs as trade talks proceed
Huawei founder Ren Zhengfei also expressed confidence in the interview that China can make breakthroughs in AI and software, particularly in an increasingly open-source environment
 "Huawei founder dismisses impact of US chip curbs as trade talks proceed")
China's exports to US drop 35% in May ahead of trade talks in London
China's exports rose 4.8 per cent in May from a year earlier, lower than expected as shipments to the United States fell nearly 10 per cent, according to customs figures released on Monday. Imports declined 3.4 per cent year-on-year, leaving a trade surplus of USD 103.2 billion. China exported USD 28.8 billion to the United States in May, while its imports from the US fell 7.4 per cent to USD 10.8 billion, the report said. Trade slowed in May after China's global exports jumped 8.1 per cent in April, even after US President Donald Trump struck a deal with Beijing to delay implementation of stiff tariff hikes to allow time for talks. The next round of US-China talks was due to take place later Monday in Britain.
 "China's exports to US drop 35% in May ahead of trade talks in London")
Asian shares rise, dollar eases ahead of US-China trade talks in London
Wall Street stocks had closed sharply higher on Friday after the jobs data eased concerns about damage to the world's biggest economy from President Donald Trump's unpredictable tariff regime
 "Asian shares rise, dollar eases ahead of US-China trade talks in London")
US-China trade talks in London to tackle fresh disputes, tariff truce
US-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile truce over tariffs. Both sides agreed in Geneva last month to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession. Since then, the US and China have exchanged angry words over advanced semiconductors that power artificial intelligence, rare earths that are vital to carmakers and other industries, and visas for Chinese students at American universities. President Donald Trump spoke at length with Chinese leader Xi Jinping by phone last Thursday in an attempt to put relations back on track. Trump announced on social media the next day that trade talks would be held on Monday in London. Technology is a major sticking point The latest frictions began just a day after the May 12 announcement of the Geneva agreement to pause tariffs for 90 days. The U
 "US-China trade talks in London to tackle fresh disputes, tariff truce")
Beijing approves some rare earth exports ahead of US-China trade talks
The Chinese commerce ministry confirmed the approval of the applications without specifying which countries or industries were covered
 "Beijing approves some rare earth exports ahead of US-China trade talks")
US, Chinese officials to hold new round of trade talks in London next week
Senior US administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, President Donald Trump said Friday. The meeting comes after a phone call between Trump and Chinese leader Xi Jinping on Thursday, which the US president described as a very positive conversation as the two countries attempt to break an impasse over tariffs and global supplies of rare earth minerals. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer will represent the US side in the trade talks. The meeting should go very well, Trump wrote on his social media platform Friday afternoon.
Oil prices rise on US jobs data and renewed China trade discussions
Brent crude futures gained $1.28, or 1.96 per cent, to $66.62 a barrel by 1649 GMT. US West Texas Intermediate crude climbed $1.34, or 2.11 per cent, to $64.71
 "Oil prices rise on US jobs data and renewed China trade discussions")
No more questions on rare earths now: Trump after 'very good' call with Xi
After what he described as a "very good" 90-minute call with Xi Jinping, Trump says US-China trade talks will resume soon with rare earth issues resolved
 "No more questions on rare earths now: Trump after 'very good' call with Xi")
Suzuki halts Swift production in Japan as China curbs rare earth exports
Swift production halt: Global auto supply chains are feeling the heat as China tightens rare earth mineral exports, disrupting production at Suzuki, Ford, BMW, and others
 "Suzuki halts Swift production in Japan as China curbs rare earth exports")
EU warns China's rare earth export curbs may trigger supply crisis
EU presses China to ease tightened rare earth export rules, announced in response to Trump tariffs, as automakers face potential supply crunch
 "EU warns China's rare earth export curbs may trigger supply crisis")
China's overseas income tax global crackdown expands beyond ultra-rich
Chinese authorities are seeking to boost fiscal income and narrow a record budget deficit as Beijing has ramped up stimulus to counter US tariffs
 "China's overseas income tax global crackdown expands beyond ultra-rich")
Trump's tariffs disrupt trade, weaken ties, and threaten global order
Middle-power countries such as India now recognize that even US friendship may not protect them from tariffs, making them less willing to ally themselves fully with the United States
 "Trump's tariffs disrupt trade, weaken ties, and threaten global order")
Trump calls Xi 'very tough' after accusing China of breaching trade pact
Donald Trump ramps up US-China tensions, alleging Beijing violated a May minerals agreement, as trade talks with Xi Jinping stall, fresh visa curbs stir diplomatic unease
 "Trump calls Xi 'very tough' after accusing China of breaching trade pact")
China cracks down on illegal mining amid escalating US trade tensions
Beijing enforces tighter export controls and whole-chain oversight of critical minerals as US-China trade and technology disputes intensify
 "China cracks down on illegal mining amid escalating US trade tensions")
Market Close Highlights: Sensex swings 1,200 pts, ends 636 pts down; Nifty below 24,550; banks drag
Sensex Today | Stock Market Highlights on Tuesday, June 3, 2025: The Nifty Private Bank index dropped over 1 per cent, followed by the Nifty PSU Bank index (down 0.59 per cent)
 "Market Close Highlights: Sensex swings 1,200 pts, ends 636 pts down; Nifty below 24,550; banks drag")
Trump, Xi Jinping likely to hold talks this week, says White House
The anticipated conversation follows months of faltering trade negotiations and mutual tariff cuts, raising hopes of a breakthrough in the prolonged US-China trade war
 "Trump, Xi Jinping likely to hold talks this week, says White House")
China accuses US of violating trade truce over chip curbs, vows retaliation
US-China truce in jeopardy as Washington and Beijing trade accusations over Geneva trade agreement violations