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The European Union on Tuesday sharply criticised China’s tightening grip over rare earth exports, with the bloc’s industry chief warning that Beijing’s curbs amount to a “racket” and threaten Europe’s strategic autonomy.Addressing EU lawmakers, European Commission vice president Stephane Sejourne said the bloc must urgently accelerate efforts to cut its reliance on Chinese critical minerals….
US treasury secretary Scott Bessent once again criticised China’s rare earth export controls, saying the United States and its allies are now moving at “warp speed” to build independent supply chains and reduce reliance on Beijing.Speaking to CNN, Bessent said that China’s strategy had been in motion for decades and accused the previous US governments…
The trade tensions between the United States and China have flared up once again, after a brief phase of calm, exposing how deep the divide and mistrust between the two giant economies still run.What began as a simmering disagreement over rare earth exports has now escalated into a full-blown confrontation, with both Washington and Beijing…
The United States could impose export controls on Boeing aircraft parts following China’s recent restrictions on rare earth mineral exports, President Donald Trump said on Friday.Trump told reporters that Beijing has many Boeing planes and they need parts for those.He expressed surprise at China’s decision, noting his strong personal rapport with President Xi Jinping. “And…
