$1.6 billion battery plant in South Carolina hits pause
A major Japanese battery maker has stopped construction on a $1.6 billion plant in South Carolina, citing “policy and market uncertainty” tied to electric vehicles and global trade.
A major Japanese battery maker has stopped construction on a $1.6 billion plant in South Carolina, citing “policy and market uncertainty” tied to electric vehicles and global trade.
China has issued temporary export licenses to rare earth suppliers working with General Motors, Ford, and Stellantis, easing some pressure from recent export curbs, Reuters reported, citing two unnamed sources.
The U.S. Treasury Department has imposed sanctions on more than 30 individuals and entities tied to a massive Iranian shadow banking network accused of laundering billions of dollars to benefit the regime in Tehran.
Ahead of the IAEA meeting in Vienna, Iran’s foreign minister reaffirmed the country’s refusal to halt uranium enrichment and warned Europe against seeking renewed UN sanctions, calling such efforts a “major strategic mistake.”
The European Union reiterated its strong support for the International Criminal Court after the U.S.sanctioned four of its judges.
Japan is preparing a strategic offer to the United States centered on rare earth elements and liquefied natural gas, aiming to secure relief from steep U.S. tariffs amid growing trade frictions with China.
President Donald Trump announced a "very good" phone call with Chinese President Xi Jinping, centred on the recently finalised trade deal and rare earth product agreements. Both leaders expressed optimism, and high-level delegations are set to meet soon.
Canada is ready to retaliate if talks with Washington fail to reverse the U.S. decision to double tariffs on steel and aluminum imports, as President Trump's move adds pressure on global trade and pushes allies into urgent negotiations.
The U.S. vetoed a U.N. Security Council resolution demanding an immediate and unconditional ceasefire in Gaza and unrestricted humanitarian aid access, citing the need to condemn Hamas and ensure their disarmament. The veto comes amid escalating violence and a worsening humanitarian crisis
South Korea’s new president Lee Jae-myung wasted no time addressing economic concerns, launching his first cabinet meeting with an urgent focus on reviving the economy and supporting struggling households.
A cargo ship carrying 3,000 vehicles, including 800 electric cars, was abandoned off Alaska’s coast after a massive fire broke out onboard.
Chinese Foreign Minister Wang Yi met with U.S. Ambassador David Perdue on Tuesday in a meeting that underscored both the hope for improved bilateral relations and the mounting strain over critical mineral exports.
Donald Trump acknowledged his personal liking for Chinese President Xi Jinping but described him as a tough negotiator, amid ongoing disputes over tariffs and trade agreements between the U.S. and China.
Iran’s supreme leader dismissed a key U.S. demand to halt uranium enrichment but did not close the door on further negotiations, as nuclear talks continue amid rising regional tensions.
The White House congratulated South Korea on a fair election but voiced concern over potential Chinese influence as liberal candidate Lee Jae-myung assumes the presidency.
Chinese Foreign Minister Wang Yi met with newly appointed U.S. Ambassador to China David Perdue on Tuesday, welcoming him to his post and emphasising the crucial need for dialogue, cooperation, and mutual respect to navigate the current "important and critical juncture" in bilateral relations.
Japan has not received a request from Washington for its best trade proposals, despite a White House statement suggesting such letters were sent ahead of a Wednesday deadline.
Mexico plans to formally request an exemption from the United States’ doubled steel tariffs, Economy Minister Marcelo Ebrard said, criticizing the move as unjust and economically unsound.
Turkish Foreign Minister Hakan Fidan spoke by phone on Tuesday with U.S. Secretary of State Marco Rubio to discuss the latest efforts to end the war in Ukraine, diplomatic sources said.
China has rejected accusations made by the defense chiefs of the US, Japan, Australia and the Philippines, who last week raised concerns over Beijing’s actions in the East and South China Seas.
President Donald Trump is "likely" to speak with Chinese President Xi Jinping this week, according to a statement from the White House.
U.S. President Donald Trump has asked Japan to partner in developing his proposed $175 billion Golden Dome missile defense system. The move could influence ongoing tariff negotiations between the two nations.
The European Union has not received a formal letter from the United States demanding that countries submit their best trade offers by Wednesday, a source familiar with the ongoing negotiations said, despite reports of such a document circulating in Washington.
Canada is speeding up approval of major infrastructure projects to boost its economy amid rising tariffs from the U.S. The government aims to strengthen national resilience while expanding markets and securing sovereignty.
You can download the AnewZ application from Play Store and the App Store.