China, export and rare earth
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Trade Representative Jamison Greer said on Sunday that the U.S. reached out to China for a phone call following an announcement that it was expanding its rare earths export controls but Beijing deferred,
SINGAPORE] Asia-Pacific markets reacted negatively as trading resumed on Monday (Oct 13) following the latest salvo in the trade war between the US and China. Read more at The Business Times.
Trump said the U.S. will impose a 100% tariff on China "over and above any Tariff that they are currently paying."
US Trade Representative Jamieson Greer calls China's move to expand its rare earth export controls a 'power grab'. Read more at straitstimes.com. Read more at straitstimes.com.
The GAIN AI Act, which forces chip manufacturers to prioritize U.S.-based customers, made its way into the Senate’s final National Defense Authorization Act text.
Beijing and Washington are ratcheting up sanctions and export controls to gain leverage ahead of crucial negotiations, analysts said.
The Chosun Ilbo on MSN
Breaking: Trump's Tariff Threats Spark Nasdaq's 3.6% Plunge
U.S. stock markets in New York plummeted on the 10th as U.S. President Donald Trump expressed anger over China’s export control measures on rare earths and hinted at strong countermeasures. This is attributed to investors,
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