China, export restrictions and rare earths
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12hon MSN
USTR says China 'deferred' when US reached out for phone call after export controls expansion
Trade Representative Jamison Greer said on Sunday that the U.S. reached out to China for a phone call following an announcement that it was expanding its rare earths export controls but Beijing deferred,
Trump said the U.S. will impose a 100% tariff on China "over and above any Tariff that they are currently paying."
US Trade Representative Jamieson Greer calls China's move to expand its rare earth export controls a 'power grab'. Read more at straitstimes.com. Read more at straitstimes.com.
SINGAPORE] Asia-Pacific markets reacted negatively as trading resumed on Monday (Oct 13) following the latest salvo in the trade war between the US and China. Read more at The Business Times.
Beijing's export control on some high-end lithium-ion batteries, cathodes and graphite anode material as well as technological know-how will require exporters to seek permits and set to take effect from November 8, per a Ministry of Commerce statement on Thursday.