By David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping took steps on Thursday to de-escalate their trade war, trading some U.S. tariff reductions and tighter export controls for a pause on Beijing’s new restrictions on rare earth minerals and magnets and a resumption of their purchases of U.S. soybeans….
HONG KONG (AP) — China’s ambition to challenge Boeing and Airbus with its own passenger jet is running into turbulence, with deliveries of finished planes likely to fall well short of its announced target for this year. The C919 aircraft, a single-aisle airliner intended to rival Boeing’s 737 and Airbus A320, is manufactured by state-owned…
WASHINGTON (AP) — China likes to condemn the United States for reaching too far outside its borders to make demands on non-U.S. companies. But when it tried to strike back at American interests this month, Beijing did exactly the same thing. Expanding rare earth export rules, Beijing announced for the first time that it will…
