Tag

Export Restrictions

All articles tagged with #export restrictions

China and Europe Easing Chip Export Restrictions Amid Trade Tensions
business3 months ago

China and Europe Easing Chip Export Restrictions Amid Trade Tensions

China is expected to lift its ban on chip exports to European carmakers following a recent US-China deal, easing a dispute that threatened to disrupt European and Japanese car production. The deal includes a one-year delay in US export controls on Chinese companies like Wingtech, which owns Nexperia, a key chip supplier. This development is seen as a positive step towards restoring supply chains and stabilizing the global automotive industry.

US-China Rare Earths Dispute Sparks Global Market Turmoil
world4 months ago

US-China Rare Earths Dispute Sparks Global Market Turmoil

China has expanded restrictions on rare earth minerals, crucial for technology and defense, escalating tensions with the US just before a planned meeting between President Trump and Xi Jinping. The move is seen as a strategic effort to increase leverage in trade negotiations, prompting threats of tariffs from the US and raising concerns about global supply chains and national security.