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China, Trade War

US Treasury Secretary says situation with China is unsustainable, source says

U.S. Treasury Secretary Scott Bessent on Tuesday said that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate, a source familiar said.

The Associated Press on MSN · 3h

US Treasury Secretary Says Trade War With China Is Not 'Sustainable'

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two larg

The New York Times · 1d

China Warns Countries Not to Team Up With U.S. Against It on Trade

Curbing trade with China to curry favor with the United States would be “selfish and shortsighted,” the government said, promising to retaliate.

China Slashes US Commodities Purchases

Reuters on MSN · 3h

Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'

U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a "slog,

Bloomberg L.P. · 1d

China Slashes US Commodities Purchases as Trade Tensions Worsen

China sharply reduced imports of many US commodities last month, in some cases to zero, as the trade war between the world’s two biggest economies intensified.

Barron's on MSN · 3h

Bessent Says U.S.-China Trade Embargo to End in the Very Near Future

Those tariffs are “an embargo on both sides” that effectively ends trade between the U.S. and China, Bessent said, according to the person. But Bessent added that the goal isn

China, Rare Earth

CNN on MSN · 13h

Used in iPhones to EVs: Why China’s near-monopoly on rare earths matters

China controls over 90% of the global refinement output of rare earth elements, which are used to power everything from iPhones to electric vehicles. China’s near-monopoly has become one of its most potent tools in a renewed trade war with the United States.

Yahoo · 1d

Why does the US need China's rare earth metals?

One of the rare earths, neodymium, is used in "loudspeakers, computer hard drives, EV motors and jet engines." Others are used to "manufacture television and computer screens." The minerals are "abundant" in nature,

Forbes · 1d

The Only U.S. Rare Earth Mine May Win Big From Trump’s China Tariffs

MP Materials, operator of the Mountain Pass mine in California’s Mojave Desert, is ramping up supplies of the critical ingredients and magnets as China tightens exports.

13hon MSN

Pope’s death receives muted official response in China, which has a tense relationship with the Vatican

As the world rushed to pay tribute to Pope Francis following his death, the response has been comparatively muted in China – ...

4hon MSN

Trump’s restrictions on Nvidia’s China sales may not be enough to contain Beijing’s AI ambitions

The U.S.'s policy goals may not be coherent, while China's own chip efforts and distributed AI training grow more capable.

8hon MSN

China calls on UK to uphold international order in face of 'rampant unilateral bullying'

China and Britain have a responsibility to uphold international order in the face of "rampant unilateral bullying", Chinese ...

U.S. vs. China: Inside a great power rivalry

The comments come after reports that Trump is hoping to use tariff negotiations with other countries to isolate China.

19h

The Latest on Tariffs: China, Trump, DHL Suspends Some Shipments

Here's the latest on the trade war over the past 24 hours. Beijing warned countries not to do trade deals with the U.S. that ...

5hon MSN

Bessent dice que situación con China es insostenible, prevé distensión

El secretario del Tesoro de Estados Unidos, Scott Bessent, dijo el martes, en una cumbre de inversores a puerta cerrada, que ...

Exclusive-'China Track' Bank Netting System Shields Russia-China Trade From Western Eyes

MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed "The China Track" for transactions with ...

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China, Trade War

China Slashes US Commodities Purchases

China, Rare Earth

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