China tightens rare-earth control with quotas, consolidation and tech export bans
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as...
A planned 10% U.S. tariff targeting BRICS nations will be triggered only if they adopt policies deemed "anti-American", a source close to the Trump administration said, amid trade talks and denials from bloc members.
The move, announced by President Donald Trump on Sunday via his Truth Social platform, marked a shift from the blanket tariff hike previously planned for 9 July. The date the tariffs will be effective has now been postponed to 1 August.
"A line is being drawn. If policy decisions are made that are anti-American, then the tariff will be charged," said a source familiar with the matter, who spoke on condition of anonymity.
No formal executive order has yet been issued by The White House.
The BRICS group—comprising Brazil, Russia, India, China and South Africa—has expanded in recent years to include countries such as Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. Saudi Arabia, though accepted as a member, currently participates as a partner.
In a 31-page communique released hours before Trump’s post, BRICS leaders condemned attacks by Israel on Gaza and Iran, advocated reforms to global institutions, and criticised unilateral tariff measures.
South Africa said its policy stance was not “anti-American” and confirmed that dialogue with U.S. officials remained constructive.
Indonesia, seeking to avert a separate 32% tariff, is expected to sign a $34 billion deal this week and has offered to cut duties on U.S. imports and purchase $500 million worth of American wheat.
Trump’s administration concluded a framework trade deal with Vietnam last week and is pursuing similar agreements with India and Thailand.
Trade experts said the tariff threat appeared intended to strengthen the U.S. negotiating position. Many BRICS and partner countries remain heavily reliant on access to the American market.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
China has warned Myanmar's Kachin rebels it will block rare-earth imports from their territory unless they halt an offensive on a key junta stronghold, raising fears over the global supply of critical minerals.
Late this week, Rome will host the Ukraine Recovery Conference 2025 and the meeting of the Coalition of the Willing, an initiative led by the United Kingdom and France. The two initiatives are aimed to guarantee Ukraine's survival as an independent, sovereign nation in response to Russia’s invasion.
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
A man was gored and seven others injured during the adrenaline-charged second day of Spain's iconic San Fermin bull running festival.
Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut China out of supply chains through bilateral deals with Washington.
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