China's new restrictions on rare earth exports have escalated tensions with the US, as President Trump threatens hefty tariffs. This latest move could give China significant leverage in upcoming trade talks.
World stocks are climbing back towards record highs driven by AI optimism, despite ongoing U.S.-China trade tensions. France's government survives a confidence vote, while gold hits record levels amidst fluctuating dollar values.
China has imposed stricter controls on rare earth exports, targeting processing technology and limiting access for overseas defence and semiconductor users. This move could lead to significant global shortages once again.
In a significant move, China has agreed to approve the export of rare earth minerals to the US, marking a breakthrough in trade negotiations. This deal aims to ease tensions and enhance cooperation between the world's two largest economies.
The U.S. and China have agreed on a new trade framework that could ease tech restrictions and allow rare earth exports. Despite optimism, experts urge caution as key details remain unclear.
In a pivotal phone call, Trump claims success in easing trade tensions with Xi, but underlying issues suggest China holds the upper hand. With rare earth exports at stake, the stakes are high for both leaders.
