Page 4 - Us China Trade War

US, Australia sign agreement on critical-minerals as way to counter China

President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the US eyes the continent's rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as a USD 8.5 billion deal between the allies. Trump said it had been negotiated over several months. In about a year from now we'll have so much critical mineral and rare earth that you won't know what to do with them," said Trump, a Republican, boasting about the deal. "They'll be worth USD 2. Albanese added that the agreement takes the US-Australia relationship to the next level. This month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials that originated from China or were produced with Chinese technology. The Trump administration says this gives Chin

Trump warns of 155% tariffs on China if trade deal not finalised by Nov 1

Trump warned of potential steep tariffs on Chinese goods if a trade deal isn't reached after his meeting with Xi Jinping later this month. However, he expressed his optimism for a 'fair' agreement

Trump official cautions China against penalising firms investing in US

Greer's warning comes amid ongoing US-China maritime disputes, with China controlling over half the world's shipbuilding and seeking greater influence in the South China Sea

China's economy slows to 4.8% in Jul-Sep amid trade tensions, weak demand

China's economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world's second largest economy grew at a 5.2 per cent annual pace. Despite US President Donald Trump's higher tariffs on imports from China, the country's exports have remained relatively strong as companies shifted their sales to other world markets. Tensions between Beijing and Washington remain elevated, and it's unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month. Xi and other ruling Communist Party members are convening one of China's most important political meetings for the year on Monday,

China accuses US of cyberattacks on national time centre in Xi'an

China has claimed that the US National Security Agency conducted years-long cyberattacks on its National Time Service Centre in Xi'an, targeting internal networks and devices

Chinese officials try to ease global concerns over rare earth export curbs

China's unprecedented move on rare earths sparked a global pushback over the past week, as officials from Europe and Japan voiced concerns over supply chain stability

US-China talks planned next week as Trump plays down trade tariffs

President Donald Trump expressed optimism that talks with Chinese officials could yield an agreement to defuse the crisis that saw the US leader threaten to drastically hike tariffs

Trump says proposed 100% tariffs on China not sustainable, blames Beijing

Trump also confirmed he would meet with Chinese President Xi Jinping in two weeks in South Korea - a meeting he had cast doubt on last week - and expressed admiration for the Chinese leader

IMF upgrades Asia's growth forecast, warns of risks from US-China tension

Trade tensions between US and China have intensified after Beijing expanded its rare earth export controls

China urges US to respect facts, trade rules amid Trump tariff threat

This comes after China's Ministry of Commerce (MOFCOM) on Tuesday announced sanctions against five US-based subsidiaries of South Korea's Hanwha Ocean

Trump accuses China of 'hostile act' over refusal to buy US soybeans

When asked about reports concerning Chinese port fees imposed on US vessels, Trump downplayed their significance

China hits back at US on shipping with Hanwha Ocean sanctions, probe

The Ministry of Commerce said Tuesday it was placing limits on five US entities of Hanwha Ocean Co., one of South Korea's biggest shipbuilders

China is making it harder to get rare earth magnet export licenses

Approvals are taking longer, although generally still within the commerce ministry's 45 business day deadline, but the scrutiny is now similar to April, at the height of the trade war

Trump port fees bring added headache for Chinese shipping companies

Cosco Shipping could face $1.5-2.1 billion in US port fees in 2026, OOIL up to $654 million, while non-Chinese carriers see limited impact due to use of non-China-built ships

China restricts rare earth exports, threatening US semiconductor, AI growth

China accounts for 90% of all rare earth elements processing, a figure that rises to 99% for heavy rare earth processing

US, China to roll out tit-for-tat port fees on shipping amid trade tensions

Early this year, Trump's administration announced plans to levy the fees on China-linked ships to loosen that country's grip on the global maritime industry and bolster US shipbuilding

China firmly rejects US sanctions, vows to safeguard its rights, interests

China rejects recent US sanctions, calls high tariffs counterproductive, and urges Washington to resolve differences through dialogue based on equality, respect, and mutual benefit

Pentagon plans $1 bn mineral stockpile to counter China's supply control

The US is ramping up efforts to secure key minerals, aiming to reduce its reliance on China for materials critical to defence systems, technology and manufacturing

China's exports beat forecasts, showing resilience as trade war escalates

The strength of demand from markets other than the US means that Chinese firms should be less affected by the further increase in tariffs threatened by President Donald Trump

Trump announces additional 100% tariff on China, plans export curbs on tech

US president's move follows China's warning of sweeping export controls from November 1, reigniting fears of global trade disruption ahead of possible Xi-Trump talks at APEC