Deep in the mountains of South Korea, a long-forgotten mine is making a comeback. The Sangdong mine, once shut down over three decades ago, is now back in action, and it's a big deal for the U. S. This mine is packed with tungsten, a super tough metal that can handle extreme heat. It's crucial for m
The European Union is planning to toughen its stance on trade with China, marking a significant shift in its approach. This change comes as Germany, the EU's largest economy, is rethinking its long-standing policy of engagement with China. The EU is set to unveil a new economic security doctrine in
The EU is facing a growing issue with small packages from China. These packages often slip through customs duties because of their low value. Dutch Finance Minister Eelco Heinen wants to change this. He believes the EU needs to take action. Heinen plans to talk with other EU finance ministers about
Trump's approach to trade with China has been a bit of a rollercoaster. He's been trying to use tariffs to get China to cut down on exports to the U. S. But it's been a bumpy ride, with not much to show for it yet. Let's talk about leverage. In the world of politics, it's all about having power ove
In a surprising turn, Trump has decided to cut some tariffs on China after a chat with Xi Jinping. This move comes after both leaders had a long talk in South Korea. Trump is now reducing the tariffs on certain Chinese goods from 20% to 10%. This change means the total tariff rate on Chinese product
The world is watching as leaders from the United States and China meet to discuss trade tensions. This isn't just about the two countries; it affects everyone. The US and China are the biggest players in the global economy. Together, they make up a huge chunk of the world's GDP and manufacturing. If
High-level talks between the US and China are happening. They want to stop the trade war. But it's not going to be easy. Both sides have big differences. They fight over technology, markets, and even drugs. The US wants China to buy more American soybeans. They also want China to stop sending chemi
So, there's this big shot from the U. S. Treasury, Scott Bessent, who was chatting on TV recently. He's been busy talking to China about some serious stuff, like tariffs and trade deals. He said they might have worked out a truce, which is good news because the U. S. was threatening to slap a huge 1
Minnesota's Iron Range, once the backbone of America's industrial strength, is making a comeback. For over 150 years, this region supplied iron ore that helped build the nation's infrastructure and win wars. Today, it holds the potential to break China's dominance in the magnet market. China curren
China is playing a dangerous game with rare earth exports. The country has been tightening controls on these critical minerals, which are essential for many industries. This move has not gone unnoticed or unchallenged. The U. S. and China have been in talks, but China seems unwilling to back down.
