Trump Says US Is In a Trade War With China Already
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By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Top U.S. officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by Washington to decouple from the world's second-largest economy.
U.S. lawmakers and national security officials are increasingly alarmed that long-standing research ties between the U.S. and China could give China an advantage when it comes to developing new milita
American soybean growers across the Midwest are warning of another tough year as China’s trade freeze cuts off their largest export market and production costs soar.
Renewed U.S.-China trade tensions pose a "material" downside risk to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.
China has reported its exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high.
President Donald Trump faced pressure from 26 conservative groups to reject U.K. intellectual property reforms they said could undermine American patents.
China's Communist Party meets this month to map a five-year vision that prioritises high-tech manufacturing in its quest to upgrade its sprawling industries and project global power as its rivalry with the U.
China dismissed complaints from the US that it didn’t respond to inquiries over its latest export curbs on rare earths, saying Beijing has been maintaining communications over trade issues despite recent tensions.