China warns US to stop ‘wrong’ trade actions or face consequences

BEIJING: China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods — and warned the United States of “consequences” if it does not end its “wrong actions”. The comments made by China’s Ministry of Commerce came after the US President Donald Trump announced on Friday […]

China July rare earth magnets exports to US rise 26%

BEIJING: China’s exports of rare earth magnets to the United States rebounded in July from the previous month, customs data showed on Sunday, as concerns linger that Beijing could restrict supply of rare earth products in the Sino-US trade war. Shipments totalled 447 tonnes last month, data from the General Administration of Customs showed. That […]

Britain’s leader says trade deal with US won’t be easy

BIARRITZ, France (AP) – British Prime Minister Boris Johnson warns that while getting a trade deal with the United State won’t be “plain sailing” because of barriers to British goods in American markets. Speaking Saturday as he flew to France for the Group of Seven meeting, Johnson cited beef and lamb, pillows and tape measures […]