Devdiscourse
Top U.S. officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by Washington to decouple from the world's second-largest economy. U.S. Trade Representative Jamieson Greer told a press conference that China's new export restrictions were a "global supply-chain power grab" and the U.S. and its allies would not accept the restrictions, but he and Treasury Secretary Scott Bessent stressed that Washington did not want to escalate the conflict, which has roiled financial markets and sent U.S.-China relations into a tailspin.
As of Tuesday night, U.S. President Donald Trump
was still expecting to meet with Chinese President Xi Jinping in South Korea later this month, Be
The Times of India