China, White House and Trump
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The White House released more details Saturday about a trade deal reached between U.S. President Donald Trump and Chinese President Xi Jinping.
China agreed to allow US-bound exports of three critical metals including gallium as part of its trade truce, according to a White House statement, pointing to the removal of bans on such shipments.
China will account for nearly 60% of global renewables growth in the next five years, according to the International Energy Agency.
Washington claims Beijing’s 2022 trade easing is global, but Brussels questions whether it truly applies to the European Union.
China will effectively suspend implementation of additional export controls on rare earth metals and terminate investigations targeting US companies in the semiconductor supply chain, the White House announced.
Chinese President Xi Jinping is expected to press the U.S. to shift its policy on Taiwan when he meets this week with President Donald Trump, who is pushing for a trade deal.
Visitors, who ordinarily would have entered through the East Wing, will be using an “updated route,” the White House said.
The White House plans to announce that Dutch chipmaker Nexperia's China facilities will resume shipments, a source familiar with the situation told Reuters, a key boost for auto manufacturers worldwide.