US Treasury Secretary Scott Bessent said the US and China had "substantially de-escalated" and that he expected a planned meeting between Trump and Xi at the APEC forum in South Korea in late October to go ahead.
China has suddenly moved to control global access to rare earth elements - REEs for short - that are vital for semiconductor and microchip production. Beijing can do so because it dominates the rare earths market. In fact, China produced 240,000 tons in 2023, equating to 68.6% of global REEs
China has pushed back against US President Donald Trump's decision to impose new tariffs on Chinese goods, calling the move hypocritical and defending its own export restrictions on rare earth materials and related equipment.
Hsu cautioned that Taiwan could be hit hard as a large portion of its imported semi-finished goods and electronic components from Japan rely on materials or refining processes originating in China.
The United States has announced an additional 100% tariff on Chinese goods, effective November 1, 2025, which will raise the overall tariff rate on Chinese imports to approximately 130%.
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
Noting that nearly 50 per cent of the world's real-time digital transactions are taking place in India, PM Modi said on Thursday said that there is no area in which India and UK cannot expand cooperation and combination of India's talent and scale and the UK's Research and Development and
Bengaluru (Karnataka) [India], October 9: The Innovation in Rare Earths and Lithium (IRLi 2025) Summit, organized by CMA India, commenced today at The Capitol Hotel, Bengaluru, bringing together policymakers, global experts, scientists, industry leaders, and innovators to discuss India's gro
Ola Electric, India's leading two-wheeler EV manufacturer, today became the first automotive OEM in the country to receive government certification for its in-house developed rare-earth-free ferrite motor, delivering performance on par with conventional permanent magnet motors.
Pakistan and the US have advanced a rare earth minerals deal, with US Strategic Metals sending the first mineral samples for processing. While the pact could boost Pakistan's economy, PTI has demanded transparency, warning against "secret deals" that could harm national interests, Dawn repor
At the 4th Kautilya Economic Conclave, EAM S Jaishankar said, "Today, the nature of weaponry, the nature of war has fundamentally changed. We have seen that in multiple conflicts, starting with Azerbaijan-Armenia, Ukraine-Russia and Israel-Iran; so, contactless war, often with standoff we