LeadStory

What is happening with the U.S.-China trade war?

Asked 12 hours ago

Answer

The U.S.-China trade war has intensified with new tariffs, port fees, and export controls, especially on rare earth materials. Both countries have imposed additional charges on shipping and targeted key goods, causing market volatility and disrupting global trade. High-level talks are planned, but a comprehensive resolution is unlikely soon.

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Reuters

China blames U.S. for global panic over rare earths controls

Reuters · New
Reuters
Reuters
New
  • China accuses the U.S. of stoking panic over rare earth export controls.
  • China produces over 90% of the world's processed rare earths and magnets. 11s
  • China rejects claims that manufacturers using its rare earths need special export licenses. 1m 41s
  • U.S. officials call China's measures a global supply chain power grab. 1m 45s
  • Trade talks between U.S. and China are ongoing, with possible tariff truce extension. 1m 56s
Mining & ResourcesEconomyInternational Politics

References

China blames U.S. for global panic over rare earths controls
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Reuters
12 hours ago
China blames U.S. for global panic over rare earths controls

China accuses the U.S. of stoking panic over rare earth export controls, rejecting calls to roll back measures and emphasizing the importance of these materials.

Trade tensions between U.S., China renewed over rare earth materials
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France 24
18 hours ago
Trade tensions between U.S., China renewed over rare earth materials

China and the U.S. are back to butting heads amid a fragile truce set to expire in early November, with new controls on rare earths and threats of 100 percent tariffs.

Analyst unpacks the U.S.-China relationship status
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CNBC
1 day ago
Analyst unpacks the U.S.-China relationship status

An analyst notes both sides face vulnerabilities and that neither a major decoupling nor a grand agreement is likely soon; ongoing management of the relationship is expected.

Iowa soybean farmer says 'export to China just isn't there'
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CBS America
1 day ago
Iowa soybean farmer says 'export to China just isn't there'

China has not bought U.S. soybeans since tariffs were imposed, causing exports to drop from billions to zero and straining American farmers.

How the U.S.-China trade war could impact cost of living for Americans
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CBS America
3 days ago
How the U.S.-China trade war could impact cost of living for Americans

President Trump's latest round of tariffs targets wood products, with new duties on softwood lumber and upholstered furniture, raising concerns about higher consumer prices.

U.S.-China tit-for-tat port fees threaten trade turmoil at sea
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Reuters
3 days ago
U.S.-China tit-for-tat port fees threaten trade turmoil at sea

The U.S. and China are charging additional tit-for-tat port fees on ocean shipping firms, escalating their trade war and affecting a wide range of goods.

Analyst: China flexes power in U.S. trade war, spots economic weakness
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CNBC
3 days ago
Analyst: China flexes power in U.S. trade war, spots economic weakness

China is prepared to use strategic levers like rare earth minerals in negotiations and is not deterred by the prospect of a trade war.

Markets rebound after Trump softens tone on China tariffs
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CBS News
3 days ago
Markets rebound after Trump softens tone on China tariffs

Markets fell after Trump threatened 100 percent tariffs, but rebounded when he softened his stance; negotiations and volatility continue.

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