China said on Thursday it will suspend certain export restrictions for a year, including those related to rare earths, previously announced in October, signaling a temporary easing of trade tensions with the United States, AFP reported.According to Beijing’s Commerce Ministry, the decision to “suspend the implementation of relevant export control measures… for one year and […]
Trade tensions between Washington and Beijing could rise further as the US plans its next move against China following the threat of 155% tariffs.The Trump administration is reportedly preparing a response to China’s recent rare earth export restrictions by restricting shipments of U.S. software products to Beijing, a U.S. official told Reuters. The proposed measures […]