metal
Washington (AFP) - Two US senators have proposed a law aiming to end China's alleged "chokehold" on rare-earth metal supplies, a statement by the lawmakers said Friday. The law -- proposed by Democrat Mark Kelly and Republican Tom Cotton -- would aim to ensure the United States can guarantee its supplies of rare-earth minerals. "The Chinese Communist Party has a chokehold on global rare-earth element supplies, which are used in everything from batteries to fighter jets," Cotton said in the statement. "Ending America's dependence on the CCP for extraction and processing of these elements is cri...
AFP
Brussels (AFP) - The EU and US took a step towards a post-Trump trade truce on Monday, agreeing to hold talks to end a tit-for-tat feud over steel and aluminium tariffs. In a carefully phrased statement, United States Trade Representative Katherine Tai and her EU counterpart Valdis Dombrovskis announced "the start of discussions to address global steel and aluminium excess capacity" that would also address China's outsize role in the problem. The Europeans will in addition temporarily suspend a plan to increase tariffs on the US, the EU said. The peace offering is the latest chapter in a row t...
AFP
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