Page 5 - Us China

China's rare earth export delay gives US chance to control market dominance

China's promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement President Donald Trump secured creates an opportunity for the US and its allies to bolster their own production and processing capabilities. But it will be hard to undercut China's stranglehold on the market. The restrictions China imposed on rare earths this year have been a key issue in the trade talks between Beijing and Washington. Trump responded angrily to China's latest rules with a threat to impose an additional 100% tariff on all Chinese imports, but he has since dropped that demand as part of this agreement. This week's deal will delay the regulations that would have required foreign companies to get special approval to export items that contain even small traces of rare earths elements sourced from China even if those products were made elsewhere by foreign companies, but it doesn't eliminate restrictions ..

'America First' Trump loved Asia trip despite mounting troubles at home

For an America First president, Donald Trump seemed to love his whirlwind five days skipping across Asia a reflection of a White House that is increasingly focused on the rest of the world. When Trump stepped off Air Force One on Sunday for his first stop in Malaysia, he danced with local performers who had greeted him on the red carpet. In Japan, he helicoptered to a mammoth aircraft carrier for a speech with the country's prime minister. And South Korea gave him a gold medal and crown as gifts. Back home in Washington, the federal government was shut down as Trump's poll numbers remain low, and it's unclear how much Trump's trip will resonate with voters consumed by other concerns at home. Yet on the last night of his trip, Trump was overheard at a state dinner talking about how much he enjoyed meetings with his foreign counterparts. That was a great meeting, Trump said. They're all great meetings. This was a great meeting. We had a fantastic meeting. Had a president who once u

US halving China fentanyl tariff may prompt Apple to rethink India plans

US tariff cut on Chinese goods renders India's higher production costs unsustainable, threatening the recent surge in iPhone exports

Trump drops China tariffs from 57% to 47% after meeting Xi in South Korea

The meeting, which took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit, was the first between the two leaders in six years

Trump meets Xi Jinping for first time in 6 years, calls him 'great leader'

The meeting took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) Summit

China gains edge in trade war without fighting ahead of Trump-Xi talks

US is expected to take Trump's threat of 100 per cent tariffs on Chinese goods off the table while China is expected to delay export controls on critical minerals, and revive soyabean purchase

Trump, Xi to meet in South Korea to discuss long-term strategic ties

US President Donald Trump and his Chinese counterpart Xi Jinping will meet on Thursday in South Korea and exchange views on strategic and long-term bilateral issues, the Chinese foreign ministry announced on Wednesday. The two leaders will meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Busan. As agreed between China and the US, President Xi will meet with President Trump to exchange views on bilateral relations and issues of mutual interest, a Chinese foreign ministry spokesperson Gou Jiakun told a media briefing here. We are willing to work with the US side to promote this meeting to yield positive results, provide new guidance and to inject new momentum for the stable development of ChinaUS relations," Gou said. He added that head-of-state diplomacy plays an irreplaceable strategic guiding role in China-US relations, which are currently bogged down over Trump's massive trade tariffs against Chinese exports and Beijing's retaliatory actions. At th

Chinese researchers close in on US as leader in global science: Study

The study found Chinese-based scientists led 45% of US-China joint research in 2023, up from 30% in 2010, highlighting Beijing's growing influence in shaping global scientific collaboration

Rare earth producers look to US-led boom to counter China's dominance

Beijing has long supported strategic enterprises, either directly or through indirect means like inexpensive loans or a helping hand with permits, a far cry from West's economically driven approach

China offers assistance after US Navy aircraft crash in South China Sea

According to the US Navy's Pacific Fleet, the incidents took place on Sunday during separate routine operations over the disputed waters

End unpredictability: Leaders of US, China must step back from trade brink

The exact outline of what has been decided is not known - and may never be known - especially if one or both the leaders end up rejecting it

EC announces phase two of SIR, Cyclone Montha landfall, Justice Surya Kant to become next CJI & more

The Election Commission on Monday announced phase two of the Special Intensive Revision of electoral rolls in 12 states, starting Tuesday. These include Andaman and Nicobar Islands, Goa, Puducherry,

Asian shares rally on US-China trade hopes; Japan's Nikkei tops 50,000 mark

Asian shares rallied and US futures jumped Monday, with Japan's benchmark Nikkei 225 topping 50,000 for the first time. Work on trade deals that might alleviate friction between the US, China and other major trading partners contributed to upbeat sentiment as US President Donald Trump visited Malaysia for a summit of Southeast Asian nations where he reached preliminary trade agreements with Malaysia, Thailand, Cambodia and Vietnam. A trade deal between the United States and China was drawing closer, officials from the world's two largest economies said Sunday as they reached an initial consensus for Trump and Chinese leader Xi Jinping to try to finalise during a high-stakes meeting later in the week. This isn't just photo-op diplomacy. Behind the showmanship, Washington and Beijing's top trade lieutenants have quietly mapped out a framework that might, just might, keep the world's two largest economies from tearing up the field again, Stephen Innes of SPI Asset Management said in a

China's C919 jet faces turbulent skies amid rising US-China trade tensions

China's ambition to challenge Boeing and Airbus with its own homegrown passenger jet is running into turbulence, with deliveries of finished aircraft likely to fall far short of its target announced for this year. The C919 jet -- a single-aisle passenger plane aiming to rival Boeing's 737 and Airbus' A320 is made by state-owned aircraft manufacturer COMAC. Beijing is showcasing it as evidence of China's technological advancement and progress in self-reliance, though it uses many Western sourced components. Trade friction with Washington threatens to prevent COMAC from securing core parts for the programme that has been supported by huge Chinese government subsidies. COMAC faces significant risk from the volatile policy environment, with its supply chains vulnerable to export restrictions and tit-for-tat measures between the US and China, said Max J. Zenglein, Asia-Pacific senior economist at The Conference Board think tank. The C919 has 48 major suppliers from the US -- including

China asks US to protect 'hard-won' results ahead of Trump-Xi meeting

Xi and Trump are expected to sign off on the terms this week in South Korea when they sit down in person for the first time since the US president returned to power

US-China trade talks nearing agreement for Trump, Xi to review: US envoy

US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng on the sidelines of Asean summit

China's vice premier, top negotiator attend second day of US trade talks

The Chinese economic officials are meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer

Trump to sign critical minerals deals on Asia trip to raise pressure on Xi

Malaysia is in discussion for a potential critical minerals deal with the US, Investment, Trade and Industry Minister Zafrul Aziz said on Saturday

Traders guide on what to expect from Trump's Asia tour and meeting with Xi

A successful Trump-Xi meeting, as predicted by US president, will inject calm into markets and likely revive appetite for risk assets from Asian shares to regional currencies tied to China's economy

US probes China's compliance with 2020 trade deal as Trump heads to Asia

U.S. officials are launching an investigation into whether China lived up to its commitments under a 2020 trade pact that President Donald Trump described at the time as an incredible breakthrough.' The announcement Friday by U.S. Trade Representative Jamieson Greer came the same day Trump was scheduled to head to Asia, where he said he will meet Chinese President Xi Jinping in an effort to ease trade tensions between the world's two biggest economies. Beijing has announced that Xi will travel to South Korea to attend a regional economic meeting and for a state visit, but it has yet to confirm that he will meet with Trump while both are in South Korea. The possible leaders summit is highly watched as trade tensions have risen again, with both countries imposing more trade restrictions on the other and Trump threatening a new 100% tariff on China. Beijing has demanded that the U.S. not threaten new restrictions while seeking talks with China, and it's not immediately clear how Greer'