Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

US, China resume trade talks focused on rare earths

US and China to resume trade talks in London, focusing on rare earths amid ongoing tensions and tariff disputes.

Published

on

US and China to resume trade talks in London, focusing on rare earths amid ongoing tensions and tariff disputes.

In Short:
The US and China will resume trade talks in London, focusing on rare-earth minerals and technology amid rising trade tensions and failed tariff agreements. Both nations hope to negotiate terms that could ease tensions, although there are concerns about reaching substantial agreements before the impending tariff deadline in August.

The US and China will resume trade talks in London on Monday, focusing on rare-earth minerals and technology following a recent conversation between President Trump and President Xi.

Tensions increased as both nations blamed one another for failing to uphold agreements made in Geneva to lower tariffs, which had escalated over 100%. Trump expressed optimism about the upcoming meeting, citing an agreement on critical minerals.

China announced it had approved certain rare-earth export applications but did not clarify details. The US aims to restore the flow of these minerals used in essential technology.

Chinese retaliation

Trade tensions have risen this year, with increased tariffs from Trump prompting Chinese retaliation. The Geneva deal aimed to ease these tensions, but subsequent discussions faltered, resulting in complaints from both sides about disruptions.

In London, US Treasury Secretary Scott Bessent and other officials are set to meet with Chinese Vice Premier He Lifeng. Lutnick’s involvement suggests a potential reassessment of technology restrictions affecting China’s growth.

While the call between Trump and Xi sparked hope on Wall Street, optimism about reduced tariffs remains cautious. The deadline for US tariff respite is in August, prompting concerns about a return to higher rates if no agreements are reached.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

News

Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

Published

on

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.


Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#GlobalMarkets #Davos #WorldEconomicForum #Trump #Greenland #Stocks #Geopolitics #Ticker


Download the Ticker app

Continue Reading

News

Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

Published

on

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.


Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.


Download the Ticker app

Continue Reading

News

Albanese apologises to Jewish community at Bondi attack memorial

Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.

Published

on

Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.


Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.

Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.


Download the Ticker app

Continue Reading

Trending Now