live Pentagon: war costs climb to $37.5 billion
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump thr...
Chinese state media on Thursday issued a seven-point rebuttal to U.S. calls for Beijing to wind back its rare earth controls, as both sides struggle to move beyond a volley of barbs and accusations of blindsiding the other.
U.S. Trade Representative Jamieson Greer on Wednesday called China's new rare earth export restrictions "a global supply-chain power grab," and suggested Beijing could stave off President Donald Trump's threat to reimpose triple-digit tariffs on Chinese goods by shelving the measures set to take effect on 8 November.
Beijing maintains it not only notified Washington before announcing the new licensing regime, but that the controls are also consistent with measures long in place in other major economies.
The U.S. and China have been embroiled in a war of words since a September telephone call between Trump and Chinese leader Xi Jinping, with each accusing the other of stoking tensions weeks ahead of an expected meeting between the two men.
Beijing attributes the ramped-up rhetoric to the U.S. Commerce Department's surprise expansion of its "Entity List" in late September to include companies in China and elsewhere that use subsidiaries to bypass export restrictions on chipmaking equipment and other high-tech goods.
Washington pins the start to China's critical minerals move, which Trump described as "shocking."
"The United States has long overstated national security concerns and abused controls, adopting discriminatory practices against China," read one of seven infographics published by People's Daily, the official newspaper of the governing Communist Party.
The poster added that Washington maintains a control list over 3,000 items long, compared to the 900 on Beijing's catalogue.
"Implementing such export controls is consistent with international practice," the first poster said, reiterating Beijing's stance on the measures since their announcement.
Washington has had similar rules since the 1950s, and has been using them in recent years to stop foreign semiconductor companies selling chips to China if they are made using U.S. technology.
"Washington should not be surprised by China's 'tit-for-tat'," read an editorial in the Global Times, a People's Daily-owned tabloid, which has often been first to report on China's next steps in trade disagreements.
"The sudden shift in the trade atmosphere caught many by surprise, yet that's not surprising," the editorial continued.
"The direct trigger for this round of tension was Washington's breach of promises - an all-too familiar pattern."
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
President Donald Trump said the United States will target Iran’s heavily fortified Pickaxe Mountain site “pretty soon” as he meets with Lebanese president Michel Aoun. Meanwhile, U.S. forces carried out a 10th consecutive night of strikes on Iran while Tehran continues to target Gulf countries.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
Azerbaijan has rejected suggestions it played any official role in reported private talks between former German politicians and Russian representatives in Baku, saying the meetings were organised independently.
Azerbaijani President Ilham Aliyev and German President Frank-Walter Steinmeier have discussed regional developments, transport connectivity, energy cooperation and the Azerbaijan-Armenia peace process during talks in Berlin.
A satirical online campaign has become one of the largest youth-led protest movements against Prime Minister Narendra Modi’s government, fuelled by anger over exam failures, unemployment and concerns about India’s education system.
Ukraine struck two more warehouses belonging to Russian online retailer Wildberries on Wednesday, the company’s co-founder and chief executive, Tatyana Kim, said, in the latest wave of drone attacks targeting Russia’s consumer infrastructure.
Wildfires continue to spread across parts of southern Europe, forcing evacuations and placing increasing pressure on emergency services in France, Spain and Italy.
New York City Mayor Zohran Mamdani called on the U.S. government to arrest Israeli Prime Minister Benjamin Netanyahu in a video released on Tuesday 21 July, describing the Israeli leader as a "war criminal."
European Union ambassadors will meet on Wednesday in an effort to reach a compromise with Greece and approve the bloc’s 21st package of sanctions against Russia over its war in Ukraine, EU diplomats said.
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