3 d. ago Trump: US to tell countries ‘what they have to pay’; China, India deals coming

With the July 9 deadline for “Liberation Day” tariffs nearing, US President Donald Trump said on Friday that Washington would inform countries “what they have to pay” to do business with America “over the next week and a half or so”. His remarks came hours after Treasury Secretary Scott Bessent suggested trade talks could continue to September. Trump also directed a new salvo at Canada, announcing an immediate halt to trade talks in retaliation for Ottawa’s plan to introduce a digital trade tax...

Politics

3 d. ago Deal with Beijing will speed China's export of minerals to the US, treasury secretary says (copy)

Deal with Beijing will speed China's export of minerals to the US, treasury secretary says (copy)  Wyoming Tribune Eagle

Politics

3 d. ago Beijing deal will speed China’s export of minerals to US – treasury secretary

Beijing deal will speed China’s export of minerals to US – treasury secretary  MSN

Politics

3 d. ago Treasury secretary reveals 'peace deals' with China as rare earth supplies set to flow

Treasury secretary reveals 'peace deals' with China as rare earth supplies set to flow  Fox Business

Politics

1 week ago China’s magnet exports to US slammed in May as rare earth curbs hit: data

The volume of China’s export shipments of magnets to the US, a chokepoint in the ongoing trade war between the world’s two largest economies, plunged in volume by 93.3 per cent in May, year on year, according to the latest customs data. China exported around 46.4 tonnes of magnets to the US last month. It was also a sharp month-on-month decline of 81 per cent from 246.3 tonnes shipped in April. The total export of magnets, which dominate China’s critical minerals shipments, fell by nearly 74.3...

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1 week ago Exclusive | Treasury secretary tells 'Pod Force One' China's 30% share of global manufacturing is 'too high — and it can't go higher'

Exclusive | Treasury secretary tells 'Pod Force One' China's 30% share of global manufacturing is 'too high — and it can't go higher'  New York Post

Politics

2 w. ago US Treasury chief slams ‘unreliable’ China at House hearing on Trump trade policy

US Treasury Secretary Scott Bessent slammed Beijing on Wednesday for its aggressive export policies, urged it to be a more dependable partner and depicted China’s disjointed economic structure as hurting not only the US but the entire globe. “China currently has the most unbalanced economy in the history of the world,” Bessent, a former hedge fund manager, told the powerful House Ways and Means Committee. “They cannot be allowed to export their way back to prosperity, not only for working...

Politics

3 w. ago US and China begin crunch trade talks in London amid simmering tensions

Top economic officials from China and the United States have kick-started a crucial round of trade talks in London, as the world watches closely to see if the two sides can agree to roll back their “chokehold” controls over critical minerals and advanced technologies. The Chinese and American delegations – led by China’s vice-premier, He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer – met Monday afternoon, local...

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3 w. ago US vows reprieve on some tech export restrictions as talks with China begin in London

Top economic officials from Washington and Beijing have launched a high-stakes round of trade talks in London, with a senior White House official signaling soon after the start that the US will ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by China’s vice-premier, He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard...

Politics

3 w. ago US hints at reprieve on some tech export restrictions as talks with China begin

Top economic officials from Washington and Beijing launched a high-stakes round of trade talks in London, with a senior White House official signalling soon after the start that the US would ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by Chinese Vice-Premier He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick...

Politics

3 w. ago Ahead of US trade talks, China’s rare earth trade data from May sends a message

In a reflection of Beijing’s ability to quickly leverage its dominance over the critical-mineral supply chain, the value of rare earth elements exported by China last month plunged by nearly half compared with a year prior. The official data came as analysts have been saying that China’s export controls over large quantities of critical minerals are like the ultimate trump card in trade negotiations with the United States. The world’s second-largest economy exported rare earth elements worth...

Politics

3 w. ago Hong Kong’s easier redomiciling policy ‘attracts 150 inquiries from companies’

Authorities have received about 150 inquiries from companies about transferring their legal domicile status to Hong Kong after the recent passage of a law making it easier for businesses to establish themselves in the city, the treasury minister has said. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu also said on Saturday that about 180 family offices had been set up or expanded their operations in Hong Kong this year, putting the city on track to surpass its...

Events

3 w. ago Trump’s top economic officials to meet with China counterparts in London next week

US President Donald Trump’s top economic officials will meet with their Chinese counterparts on Monday. “I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal,” Trump said on social media. “The meeting should go very well. Thank you for your attention to this...

Politics

3 w. ago Trump says his top economic officials will meet with China counterparts in London next week

US President Donald Trump announced on Friday that his top economic officials will meet with their Chinese counterparts next week to discuss trade, just days after he conducted a phone call with Chinese President Xi Jinping. “I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference...

Politics

3 w. ago Trump says US economic officials to meet China counterparts in London next week

US President Donald Trump announced on Friday that his top economic officials will meet with their Chinese counterparts next week to discuss trade, just days after he conducted a phone call with Chinese President Xi Jinping, and also reiterated that Beijing agreed to restart exports of critical minerals. “I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting...

Politics

3 w. ago EU pushes China to address ‘alarming’ rare earth export controls

The EU has urged China to stop restricting the export of rare earth minerals and magnets, with the bloc’s trade chief saying its industries are in an “alarming situation”. The request was made during a meeting between the sides’ top commerce officials in Paris on Tuesday. It comes as sectors across Europe raise the alarm about a shortage of rare earths, which are used to manufacture hi-tech goods ranging from electric cars and smartphones to military tanks and aircraft. “I informed my Chinese...

Events

3 w. ago Global alarm as China's critical mineral export curbs take hold

Global alarm as China's critical mineral export curbs take hold  Reuters

Events

3 w. ago Global alarms rise as China's critical mineral export curbs take hold

Global alarms rise as China's critical mineral export curbs take hold  Reuters

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3 w. ago Global Alarms Rise as China's Critical Mineral Export Ban Takes Hold

Global Alarms Rise as China's Critical Mineral Export Ban Takes Hold  U.S. News & World Report

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