Daily Headlinez Top News Updates
China’s rare earth industry is set for faster shipments to select buyers after authorities issued the first batch of new export licences, a step that follows months of disruption caused by Beijing’s tighter controls earlier this year. The move reflects a key outcome of the Donald Trump–Xi Jinping summit, according to Reuters.The approvals mark a…
The trade talks between US President Donald Trump and Chinese President Xi Jinping in Busan last week resulted in several breakthrough agreements, easing tensions for the two economies. These ranged from soybean purchases, tariff cuts and rare-earth export restrictions and more, though details were initially withheld. The White House on Saturday unveiled the complete terms…
File photo: US President Donald Trump with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, in 2019. (Picture credit: AP) US President Donald Trump and Chinese leader Xi Jinping are set to discuss a proposed trade framework on Thursday that could see Washington reduce tariffs on…
Chinese Premier Li Qiang on Monday cautioned against rising “unilateralism” in global trade, urging nations not to revert to “the law of the jungle” amid escalating tariff tensions with the United States.Speaking at the ASEAN Summit in Kuala Lumpur, Li said economic globalization and multipolarity were “irreversible,” calling for stronger support for the global free…
Oil prices rose sharply on Wednesday, triggered by America’s fresh sanctions on Russian oil companies.Brent crude futures jumped $3.03, or 4.94%, to $64.35 a barrel, while US West Texas Intermediate (WTI) crude added $1.42, or 2.43%, to $59.92 after the settlement at 6 PM EDT (2200 GMT). Earlier, Brent had settled $1.27 higher at $62.59…
US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with…
US China trade talks (AI image) US President Donald Trump on Friday called his conversation with Chinese President Xi Jinping a ‘productive one’. According to Trump, the call touched upon various aspects such as trade, fentanyl, and the TikTok deal. Trump also said he would meet Xi at the APEC Summit in South Korea.“I just…
The United States and China launched trade talks in Madrid on Sunday, with both sides confirming discussions on economic issues as well as the ongoing dispute over TikTok, according to AFP. The meeting brings together US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng at a time when trade tensions between the two…
