China Lifts Exports of Rare-Earth Products
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Regtechtimes on MSN💰 China’s silent strike—pulls $10 billion from US debt as rare earth battle heats upChina has once again reduced its holdings of US government debt, marking the third month in a row of steady cuts. This move comes as trade tensions with Washington continue to rise and fresh concerns emerge over America’s growing federal debt.
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China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while shunning the U.S. despite a tariff reprieve.
MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.
U.S. Commerce Secretary said Nvidia's plans to start selling its H20 chips are tied to ongoing trade discussions with China regarding REEs.