China, Earth
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Donald Trump’s tariff war alienated longtime allies and gave China an opportunity to woo the world. Now Beijing’s hardball tactics are sparking a global pushback.
Think of it this way: only around 10,000 decently sized meteorites slam into Earth per year. Meanwhile, the planet is annually bombarded by as much as 40,000 tons of dust. Volume alone dictates that amino acids were attached to the latter debris instead of the former.
President Donald Trump called China's rare earth export controls a 'bad moment' as both countries navigate tensions over critical defense materials, and potential tariff increases.
Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.
"We are very concerned because of the potential impact" of the growing US-China trade spat, Carlos Cuerpo said at Semafor’s World Economy Summit.