U.S. Moves to Strengthen Economic Control Amid China Tensions
TL;DR Summary
The US is increasing control over strategic industries, especially rare earth minerals, to counter China's dominance and reduce reliance on Chinese technology, amid escalating trade tensions and China's new export controls.
- U.S. to Take Control of More Companies to Counter China The New York Times
- Trump administration will set price floors across range of industries to combat China, Bessent says CNBC
- Naming Names: A Rare Public Rebuke in U.S.-China Trade Talks The Wall Street Journal
- Bessent Floats Longer Tariff Truce for China Rare Earth Deal Bloomberg.com
- Bessent accuses Wall Street Journal of taking ‘CCP dictation’ on Trump trade war story The Hill
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