China says the move would 'sell out the island's interests' and that it was aimed at 'currying favour' with the Donald Trump administration in the US
New government launches an industry task force following an emergency meeting on Friday after the US announced a 50% tariff on imported appliances
China has agreed to supply rare earth exports, while the US will drop some recent measures and allow Chinese students to access US universities under an initial trade deal discussed in London
Talks going well, Lutnick says; US officials are expected to drop restrictions imposed recently on a range of technology and other products to China in return for better access to rare earth exports
A new round of trade talks between US and Chinese officials got underway in London on Monday. They will focus on export controls on rare earths, chips and other issues.
A licensing system set up by China for exports of rare earth magnets gives it leverage similar to America's chip export controls because of its near-monopoly on the sector.
The trade war truce negotiated in Geneva is hanging by a thread, amid reports that China reneged on its agreement to ease export controls imposed on critical minerals.
Dutch Defence Minister Ruben Brekelmans warned that China was ‘intensifying’ efforts — statements that got a seething response from Beijing
US Trade Rep says China was slow to restore access to rare-earth minerals, while Beijing was unhappy about new export controls and other moves imposed by the White House
Synopsys - one of three US firms that dominate the electronic design automation software market in China - has halted services in the country because of the new restrictions
The latest restrictions affect electronic design software and chemicals for semiconductors, butane and ethane, machine tools, and aviation equipment
Analysts say his trade goals can probably be achieved via sector-specific tariffs or other levies; but International Trade Court ruling creates uncertainty for business and trade negotiations