President Donald Trump has called off efforts to arrange a meeting with Chinese President Xi Jinping, and threatened a 100% tariff on China, after the country tightened export controls on rare earth minerals this week. “Based on the fact that China has taken this unprecedented position, and speaking only for …
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The Trump administration is seeking to cool tensions between the U.S. and China, after Beijing unveiled plans to impose export controls on rare-earth magnets and after the U.S. threatened more stringent tariffs on Chinese goods in retaliation. Rare-earth elements are used in products such as electric cars, household appliances, lithium …
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The U.S. wants to fast-track outfitting Australia with nuclear submarines under the trilateral agreement between the U.S., Australia and the U.K. to beef up Australia’s submarine force aimed at countering Chinese influence in the Indo-Pacific. In the agreement, known as AUKUS, the U.S. will sell up to five Virginia-class nuclear-powered …
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