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Officials in Seoul expect China's sanctions will have an impact on the US plan to revive shipbuilding as it may be tough to get all the parts needed in America
China's Global Times says the rise in trade tensions stems from the US expanding its 'Entity List', which preceded Beijing's ramp up of controls on rare earths
There are 17 rare earths that are vital materials in products ranging from electric vehicles to aircraft engines and military radars and exports of 12 of them are now restricted
Delays on export license applications began in September, before Beijing's move last week to expand controls over the critical minerals used in magnets, sources say
Analysts say investor mood remains fragile amid the recent round of trade uncertainty between China and the US
Vessels owned or operated by US firms and people – or built in the US or flying the US flag – will be charged extra port fees from next Tuesday, China says.
"We believe the US and China could both be strengthening their leverage in trade talks, ahead of a potential summit between the two presidents," Citi analysts said
The new restrictions affect exports to military suppliers and chipmakers, and come weeks ahead of a meeting between Presidents Xi Jinping and Donald Trump
Talks on the trade pact were concluded in May after three years of negotiations. Now both sides are rushing efforts to clinch a deal amid tariff turmoil unleashed by US President Donald Trump
Gold has risen 51% this year on central bank buying, rising demand from exchange-traded funds, a weaker dollar and investors keen to hedge amid geopolitical tensions
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