China’s pledge to choke off shipments of rare earth elements could wreak havoc on tech giants like Apple and Tesla as well as big US military contractors – and experts called it a major bargaining chip as Beijing haggles with President Trump over tariffs....
WASHINGTON (AP) — President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession....
US President Donald Trump’s latest threat of additional 100 per cent tariffs on Chinese goods in response to new curbs on rare earth exports has raised further questions about whether any meaningful improvement in relations is possible....
Tech manufacturers are braced for disruption but non-China producers could get a boostSHANGHAI/SYDNEY/TAIPEI -- China's new export controls on rare earths, lithium-ion batteries and synthetic diamonds have shocked governments and companies around the world, with many seeing them as likely to reignite tensions with Washington ahead of an expected meeting between U.S. President Donald Trump and Chinese President Xi Jinping....
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare-earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation....
China announced sweeping new rare earth export controls on Thursday, tightening global access to critical raw materials required for computer chips and defense technology — and ratcheting up bilateral tensions in the run-up to a meeting later this month between President Donald Trump and Chinese leader Xi Jinping....