Tariffs/Trade
US Ambassador to China Perdue says (NVIDIA) affair shows that US should stay diligent on China, adds China says it's to firmly safeguard multilateral trading system, and will uphold most favored nation treatment.
ORIGINAL · NewsquawkUS Ambassador to China Perdue says (NVIDIA) affair shows that US should stay diligent on China, adds China says it's to firmly safeguard multilateral trading system, and will uphold most favored nation treatment.Read originalHide original
Says: China's licensing regime for magnets is hugely escalatory. US is not getting the flow of magnets that it wants from China. US and China militaries are beginning to talk again.
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Perdue’s report covered magnet licensing and flows, military communication, and China’s trade position; a prior Bloomberg report offered broader rare-earth supply context.
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Says: China's licensing regime for magnets is hugely escalatory. US is not getting the flow of magnets that it wants from China. US and China militaries are beginning to talk again.
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