President Donald Trump announced the signing of a rare earth mineral deal with Australia at the start of the week, after China restricted its mineral exports amidst the ongoing trade war with the United States.
Read More Trump signs rare earth mineral deal with Australia, confirms AUKUS agreement amid trade war with China
The Chinese government vowed to retaliate against the United States if President Donald Trump does not walk away from his threat of imposing 100% tariffs on Chinese imports due to Beijing’s newly introduced restrictions on rare earth exports.
Read More China vows to retaliate if Trump doesn’t walk back 100% tariff threat as trade war heats back up
President Donald Trump suggested that he may cancel his upcoming meeting with Chinese President Xi Jinping, after Xi sent what Trump described as “hostile” letters indicating China’s plans to restrict exports of rare earth minerals.
Read More China restricts rare earth exports as Trump vows strong response, reigniting trade tensions
BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free.
Read More Tesla’s self-driving future under threat from China’s auto, tech giants
Top U.S. and Chinese officials met in London, England, on Monday — with the intention of closing a highly coveted trade deal.
Read More U.S. officials hold ‘critical’ trade negotiations with China in London
The Senate voted to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states.
Read More US Senate votes to block California 2035 electric vehicle rules