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124 new news items in the last 24 hours
27 June 16:29

China and the United States have agreed on a trade framework to facilitate rare earth exports and reduce mutual technology restrictions

Miruna Brosban
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International
2020 Images / Alamy / Profimedia
China's Ministry of Commerce has announced a trade framework that will allow for a review and approval of rare earth export requests, while the US will repeal some restrictive measures. The agreement, the result of recent meetings, is aimed at easing trade relations, but analysts point out that specific details remain unclear. Although seen as a positive step, trade in these resources will remain limited in the short term, given the strategic importance of rare earths in future negotiations.

Sources

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News.ro
China confirmă detalii ale acordului comercial cu SUA: exporturi de pământuri rare şi relaxarea restricţiilor de tehnologie
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Ziarul Financiar
China şi SUA s-au înţeles: Cele mai mari două economii ale lumii au semnat un acord comercial. „China va aproba cererile de export pentru materiale controlate. Statele Unite vor anula o serie de măsuri luate împotriva Chinei”
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Cotidianul
S-au înțeles marile Puteri, China și SUA

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Donald Trump has threatened China with 200% tariffs on its products unless it speeds up exports of magnets and essential rare earths.
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International
Financial Times Analysis: The American military and Europe's green transition depend on rare minerals from China, which controls the majority of global production.
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International
The United States intends to authorize deep-sea mining to reduce dependence on China, but unilateral actions could undermine the global order.
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International
The United States and China have agreed on a framework deal for TikTok, allowing the app to remain active in the US.
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Economy
Nvidia and AMD have agreed to transfer 15% of revenues from chip sales in China to the US government, in exchange for export licenses.
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International
The fourth round of US-China negotiations ended without progress, with discussions focused on TikTok and tariffs, and expectations for future developments are low.
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China USA trade agreement

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