U.S. President Donald Trump said on Friday that the United States would impose 100% tariffs on Chinese goods and restrict the export of “critical software” following China’s announcement of new rare earth export controls.
Trump wrote on his social media platform Truth Social that, starting 1 November, the U.S. would apply a 100% tariff on China in addition to existing duties. He also confirmed that export controls would be imposed on all critical software.
Earlier, Trump criticised Beijing’s move and suggested that there was now “no reason” to go ahead with a planned meeting with Chinese President Xi Jinping on the sidelines of the APEC summit in South Korea later this month.
China announced the new rare earth export restrictions on Thursday. The measures cover processing and manufacturing technologies and prohibit cooperation with foreign companies without prior government authorisation.
The Commerce Ministry said the restrictions aim to safeguard national security and interests by controlling the export of technologies related to rare earths, including mining, smelting and separation, magnetic material production, and the recycling of secondary resources.
The move follows broader controls introduced by Beijing in April, which caused global shortages, though shipments resumed following new agreements with Europe and the U.S.
Iran temporarily reopened the Strait of Hormuz on Friday (17 April) following a ceasefire agreement in Lebanon, ra...
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) dea...
Global shipping through the Strait of Hormuz has shown signs of partial recovery after Iran announced it was open to commercial vessels during a li...
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Su...
Syrian President Ahmed al-Sharaa has said his country could provide a “safe corridor” and “alternative route” for regional ...
An average of at least 47 women and girls were killed each day during the war in Gaza, according to new figures released by UN Women.
A remarkable discovery at the ancient ruins of Sanxingdui offers a glimpse into what appears to be otherworldly craftsmanship - an axe believed to have been made using material from a meteorite.
China is seeking to strengthen and upgrade its cooperation with Turkmenistan, focusing on what officials describe as “high-quality development” across a range of sectors.
Kazakhstan plans to boost trade with Afghanistan from $500 million to $3 billion, backed by infrastructure and transit projects designed to strengthen regional connectivity and improve access to global markets.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
U.S. President Donald Trump says Israeli and Lebanese leaders have agreed to a 10-day ceasefire that includes Hezbollah, raising cautious hopes of a pause in hostilities after weeks of escalating tensions.
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
European leaders have set out plans for a coordinated defensive mission to restore freedom of navigation in the Strait of Hormuz, once security conditions allow, following talks involving more than 40 countries.
NeaNearly 900 Rohingya refugees were reported missing or dead in the Andaman Sea off Myanmar in 2025, making it the deadliest year on record, the United Nations Refugee Agency said on Friday.
Tens of thousands of people filled a stadium in Douala on Friday, hoping to catch a glimpse of Pope Leo during what is expected to be the largest event of his African tour.
AmerAmerican businesses are preparing for a major moment next week as the U.S. government launches a long-awaited system to return billions in unlawfully collected tariffs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment