Slow US-China trade deal may push Trump's tariff deadlines; rare earth metal supplies may face disruption: Report
Friday, 11 July 2025 () Trade negotiations between the US and China are progressing slower than anticipated, potentially leading to extended tariff deadlines. Deadlock persists, with limited progress in finalizing a deal. China's dominance in rare earth metal supply, controlling 90% of global capacity, poses a threat to the global automobile industry, particularly electric vehicle production.
Beijing has launched a fiery response to the U.S. President Donald Trump’s announcement of a sweeping 50% tariff on Chinese copper imports, calling the move reckless and “dangerous.” Chinese officials accused Trump of reigniting an aggressive trade war that threatens global markets and...
In a high-stakes meeting amid growing trade hostilities, U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi in Kuala Lumpur during the East Asia Summit. This marked Rubio's first..
Tensions simmer in the South China Sea as ASEAN pushes forward with a long-delayed Code of Conduct aimed at preventing conflict in one of the world’s most strategic maritime corridors. In a pivotal..
President Trump has issued new tariff letters to six more countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—via Truth Social, with 20–30% duties set to begin August 1. This follows..
Friday, 11 July 2025 ()
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