China, Factories Feel
Digest more
Taiwan has added China's Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade policy and comes amid tensions with Beijing.
President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.
If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.
China sent a rare shipment of at least three cargoes of coking coal to processors in Indonesia's Sulawesi in May, sources familiar with the matter said, encroaching on a market typically dominated by supplies from Australia and Indonesia.
United States and Chinese officials said they had agreed on a framework for a trade truce, which removed China's export restrictions on rare earths.
U.S. President Donald Trump wants China to lift restrictions on exporting rare earths and other critical minerals that Beijing imposed as part of a yearslong trade war.
President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.