China, Donald Trump
Digest more
Top News
Overview
Impacts
Trump, the tariff
Digest more
Three top Trump administration economic officials, including Scott Bessent, will meet Chinese negotiators in London to break the trade deadlock.
US President Donald Trump said Chinese leader Xi Jinping has agreed to restart the flow of crucial rare earth materials, after announcing a new round of US-China trade talks will be held in London on Monday.
The tariff-related whiplash continues as President Donald Trump now says trade talks with China are back on, one week after accusing the Chinese government of violating a previous agreement.
So far, China has made no official public threat about weaponizing its dominant position in this segment of the pharmaceutical industry. But Trump’s tariffs on the sector, if imposed, could worsen existing drug shortages and drive up prices for Americans,
White House adviser Peter Navarro on Friday said a meeting on trade between Trump administration officials and Chinese officials is expected to happen in about seven days, according to multiple published reports.
On Wednesday, a US auto parts group, MEMA, the Vehicle Suppliers Association, has urged immediate action over China's tighter controls on rare earth exports, warning the move could soon disrupt car production.
Shipments of vapes from China to the U.S. ground to a near halt in May from a year ago, official data shows, hit by U.S. President Donald Trump's tariffs and a crackdown on unauthorised e-cigarettes in the world's biggest market for smoking alternatives.