Trump announces more U.S.-China trade talks
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China, trade truce
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President Xi Jinping has reportedly agreed to resume rare earth mineral and magnet exports to the US, potentially easing trade tensions. This follows
Wall Street this week cautiously rallied, betting President Donald Trump might take a softer tone on his trade war. Investors on Friday got their wish as the president said the next round of US-China trade talks is set to take place on Monday.
Politicians said the call between the two leaders, which focused on trade, had ‘made us very anxious’ about the implications for the island.
Just weeks ago, markets rejoiced as a de-facto trade embargo between the world’s two largest economies was called off — with US President Donald Trump declaring a “total reset” with China. Yet, the reality of that reset is starting to look awfully familiar.
Their February deal to incorporate AI technologies into iPhones in China is on hold due to geopolitical tensions resulting from U.S. President Donald Trump
Global automakers criticize China's restrictions on rare earth minerals & magnets, essential for auto production amid US-China trade tensions.
China's services activity expanded at a slightly faster pace in May, with new orders growing more quickly than in April, though new export orders declined due to uncertainty stemming from U.S. tariffs,