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China trade thaw: Beijing pauses rare earth export curbs for 1 year after Xi-Trump talks, signals easing in tariff and tech tensions

China said on Thursday it will suspend for one year certain export restrictions, including those related to rare earth materials, that were announced earlier in October, signalling a temporary easing in trade tensions with the United States, AFP reported.According to Beijing’s commerce ministry, the decision to “suspend the implementation of the relevant export control measures……

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Trade tensions: China poses itself as alternative to US protectionism; signs expanded Asean free trade pact

AI image for representation China on Tuesday positioned itself as an option for open markets and regional cooperation, signing an upgraded free trade pact with the Association of Southeast Asian Nations (ASEAN) while taking a veiled swipe at US President Donald Trump’s protectionist stance.Premier Li Qiang said the new pact — the ASEAN-China Free Trade…

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Easing trade tensions with Trump: India’s crude imports from US surge to highest since 2022; diversification away from Russian oil?

US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) In a move that is possibly aimed at reducing trade issues with the Donald Trump administration, India has stepped up its crude oil imports from the US substantially. Crude imports in the month of October have hit…

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India-US ties: Jaishankar meets Marco Rubio on Asean sidelines amid tariff tensions; talks on ‘regional, global issues’

Jaishankar meets Rubio (Image posted on X) External Affairs Minister S Jaishankar had a meeting with US Secretary of State Marco Rubio on Monday in Kuala Lumpur to discuss international relations and ongoing trade negotiations between their nations.The discussions were held alongside the Association of Southeast Asian Nations (ASEAN) summit events in the Malaysian capital.“Glad…

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Afghanistan-Pakistan tensions: Islamabad warns of ‘open war’ if talks fail amid border conflict; negotiations continue in Istanbul

File photo: Pakistan’s defence minister Khawaja Muhammad Asif Pakistan’s defence minister Khawaja Muhammad Asif on Saturday said that while Afghanistan appears to want peace, failure to reach a lasting agreement during ongoing talks in Istanbul could lead to “open war”. The discussions, which began on Saturday and are expected to continue into Sunday, follow deadly…

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Trump-Xi meeting: Asian stock markets surge after confirmation; US-China trade tensions expected to ease

Representative image (AI-generated) Asian stock markets remained mostly high on Friday after the White House confirmed that US President Donald Trump will meet Chinese leader Xi Jinping next week.The announcement eased some uncertainty over trade tensions between the world’s two largest economies, although the likelihood of a major trade deal remains unclear.Chinese markets also gained…

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‘Global tensions threat to cross-border payments’

MUMBAI: Geopolitical tensions pose a growing threat to cross-border payments, RBI said in its latest report on payments. The central bank warned that the global financial system’s dependence on centralised infrastructure and a few dominant settlement currencies makes it vulnerable to international conflict and sanctions.According to RBI, sanctions or restrictions on financial systems or currencies…

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Jay Cutler DUI arrest video surfaces former quarterback caught lying about drinking and tensions emerge | NFL News

Jay Cutler DUI arrest video surfaces former quarterback caught lying about drinking and tensions emerge (Image Via Getty) Former NFL quarterback Jay Cutler is facing new attention after bodycam footage from his October 2024 DUI arrest in Franklin, Tennessee, was released by TMZ Sports. The 42-year-old was seen denying that he had been drinking after…

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Asian stocks today: Markets slide as US-China tensions intensify; HSI falls 1%, Nikkei sheds over 260 points

Asian equities slipped on Wednesday as investors took a step back following recent gains, while gold and silver tumbled for a second straight day, halting their recent rally. The pullback came after US President Donald Trump suggested that a planned meeting with Chinese President Xi Jinping might not go ahead. Markets in Hong Kong, Shanghai,…

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How a single ‘technical rule’ change by America angered China, leading to escalation in US-China trade tensions

FILE – American flags are displayed with Chinese flags in Beijing. (AP Photo/Andy Wong, File) Beijing’s recent expansion of rare earth export controls appeared to intensify the US-China trade war, but analysts point out the dispute began with a US action in late September. According to a report in the South China Morning Post, the…

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