trade war – One America News Network

BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. Trump is meeting Xi for the first time since taking office for his second term, following months of growing tension between both countries. (Photo by Andrew Harnik/Getty Images)

Trump strikes major deal with China as Beijing agrees to resume rare earth exports, assist fentanyl crisis and purchase U.S. products

President Donald Trump announced the results of his recent meeting with Chinese President Xi Jinping, in which Beijing agreed to help “end the Fentanyl Crisis,” purchase American oil, and continue the flow of rare earth minerals, while also mutually agreeing to roll back steep tariffs.

WASHINGTON, DC - OCTOBER 20: Prime Minister of Australia Anthony Albanese (L) and U.S. President Donald Trump speak to reporters after signing a $8.5 billion rare earth minerals agreement during a bilateral meeting in the Cabinet Room of the White House on October 20, 2025 in Washington, DC. Albanese is visiting the U.S. Capital to meet with President Trump and later visit the Pentagon. (Photo by Anna Moneymaker/Getty Images)

Trump signs rare earth mineral deal with Australia, confirms AUKUS agreement amid trade war with China

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.

TOPSHOT - An aerial view shows cargo containers stacked at a port in Shanghai on April 20, 2025. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

China vows to retaliate if Trump doesn’t walk back 100% tariff threat as trade war heats back up

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.

TO GO WITH China-Japan-technology-commodities FOCUS by D'Arcy Doran In a picture taken on September 5, 2010 a man driving a front loader shifts soil containing rare earth minerals to be loaded at a port in Lianyungang, east China's Jiangsu province, for export to Japan. China's restrictions on exports of rare earths are aimed at maximising profit, strengthening its homegrown high-tech companies and forcing other nations to help sustain global supply, experts say. China last year produced 97 percent of the global supply of rare earths -- a group of 17 elements used in high-tech products ranging from flat-screen televisions to iPods to hybrid cars -- but is home to just a third of reserves. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP via Getty Images)

China restricts rare earth exports as Trump vows strong response, reigniting trade tensions

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.

A woman works at a texile factory in Siyang County of Suqian municipality in east China's Jiangsu province on December 24, 2024. China will raise its deficit in order to boost spending next year, its finance minister said on December 24 according to state media, as Beijing looks to prop up its struggling economy. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

Chinese Exports Into U.S. Drop Dramatically

Imports of Chinese goods into the United States have declined sharply due to President Trump’s tariffs, prompting concerns among analysts about potential supply shortages for certain products.

Apple moving to make most iPhones for US in India rather than China, source says

Apple is speeding up plans to navigate potentially higher tariffs in China, its main manufacturing base