trade war
China's Strategic Dominance in Rare Earths: How Beijing Secured a Global Monopoly and Its Impact on US-China Relations
Nov 26, 2025 07:43 pm CST
China controls approximately two-thirds of global rare earths mining and dominates processing capabilities, giving Beijing significant leverage in trade negotiations with the United States. As these 17 key elements become increasingly vital for defense technologies and consumer electronics, Western nations are racing to develop alternative supply chains, though experts warn this could take years. Recent export restrictions by China have heightened tensions, despite a temporary trade truce between Presidents Trump and Xi that ensures critical mineral supply for now.
Supreme Court Scrutinizes Legality of Trump's Tariff Authority in Landmark Case
Nov 06, 2025 03:06 pm CST
The US Supreme Court is deliberating a landmark case examining President Donald Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose widespread tariffs. Justices across the ideological spectrum questioned whether these actions exceed presidential authority by encroaching on Congress's constitutional power to regulate taxes and foreign commerce. This high-stakes case could impact global trade relationships and redefine the boundaries between executive and legislative powers in economic and foreign policy matters.
Canadian PM Mark Carney Apologizes to Trump Over Reagan Anti-Tariff Advertisement: Diplomatic Tensions Rise
Nov 01, 2025 08:32 pm CST
Canadian Prime Minister Mark Carney has formally apologized to US President Donald Trump following a controversial advertisement featuring former President Ronald Reagan's anti-tariff statements. The diplomatic incident resulted in Trump suspending trade talks and imposing an additional 10% tariff on Canadian imports, highlighting growing tensions in US-Canada trade relations despite personal rapport between the leaders.
Xi Jinping and Donald Trump Meet After Six Years: Navigating US-China Relations Amid Trade Tensions
Oct 30, 2025 11:01 am CST
Chinese President Xi Jinping and former US President Donald Trump held their first face-to-face meeting in six years in South Korea, emphasizing partnership despite ongoing trade tensions. Xi acknowledged natural friction between the nations while calling for proper relationship management, as both leaders navigate complex trade disputes including rare-earth mineral exports and agricultural purchases against the backdrop of global economic concerns.
US-China Trade Negotiations Show Progress Ahead of Critical Trump-Xi Summit in South Korea
Oct 25, 2025 09:59 pm CST
US and Chinese officials conducted "very constructive" trade discussions in Malaysia, building positive momentum before President Trump meets President Xi in South Korea next week. Both economic powers are seeking to resolve tensions over tariffs, rare earth controls, and shipping fees that have intensified their ongoing trade dispute.
Trump Terminates US-Canada Trade Negotiations Over Controversial Ronald Reagan Tariff Advertisement
Oct 24, 2025 01:43 pm CST
President Donald Trump has halted all trade talks with Canada following a controversial advertisement featuring former President Ronald Reagan speaking against tariffs. Trump labeled the ad "fraudulent" and emphasized tariffs' importance for America's economy and national security, marking another significant development in US-Canada trade relations just weeks after Canadian Prime Minister Mark Carney's White House visit.
US-China Rare Earth Dispute Escalates: Export Controls Spark Diplomatic Tensions
Oct 17, 2025 01:49 am CST
China issues a detailed seven-point rebuttal to US criticisms over its rare earth export controls, highlighting that these measures align with international practices while accusing Washington of hypocrisy for its own extensive export restrictions. The dispute has intensified following a September call between President Trump and President Xi, with each country blaming the other for the deteriorating trade relations ahead of their anticipated meeting.
Trump Threatens Cooking Oil Import Ban as U.S.-China Trade Tensions Escalate
Oct 15, 2025 09:53 am CST
President Trump has labeled China's halt of American soybean purchases an "economically hostile act" and threatened retaliatory measures against Chinese cooking oil imports. As trade tensions between the world's largest economies reignite during Trump's second term, both nations exchange threats over tariffs and strategic materials like rare earth exports, highlighting the increasingly fragile diplomatic relationship between President Trump and Chinese leader Xi Jinping.
US Stock Markets Fall as China Trade Tensions Escalate: Impact on Tech Sector and Global Trade Relations
Oct 15, 2025 03:04 am CST
Wall Street experienced volatility as US stocks declined Tuesday morning due to renewed trade tensions with China. The S&P 500 fell 0.5% and Nasdaq dropped 0.9%, with technology stocks particularly impacted after China banned dealings with certain shipbuilding companies. This development, alongside new port fees between the nations, heightens concerns about the economic impact of ongoing trade disputes between the world's largest economies.
US Wants To Help China, Not Hurt It: Trump Softens Stance After 100% Tariff Threat
Oct 13, 2025 09:52 am CST
President Donald Trump struck a conciliatory tone toward China days after threatening a 100% tariff, stating America wants to help rather than hurt the Chinese economy. The trade tensions center around rare earth elements, critical materials for technology and defense that China largely controls. Beijing has accused Washington of applying "double standards" as economic measures between the two superpowers continue to escalate.