At a Congressional hearing today, a Trump administration official in charge of export controls was pressed for details on what was agreed between China and the U.S. in London earlier this week, but did not reveal any new information.

At today's press conference, the spokesperson for China's Ministry of Commerce delivered a comprehensive update on the nation's foreign trade landscape and offered general comments on the recent U.S.-China trade talks and Beijing's principles on export controls.

Last week, European Union trade chief Maros Šefčovič and Chinese Commerce Minister Wang Wentao met in France and made progress on the EU anti-subsidy case on Chinese EVs, China's anti-dumping case on EU brandy, and China's rare earth export control policies, according to officials from China&

The implementation of China's export controls on rare earths in early April has increased trade tensions with the United States. During the first month of these new restrictions, customs data reveals a 16.3% contraction in rare earth exports to the U.S., while China's overall

In the latest escalation of the war of words, Beijing is pushing back forcefully against U.S. accusations that it has failed to honor commitments made during the Geneva trade talks, instead leveling its own charges that Washington has violated the recent truce by imposing new export controls and other

U.S. and Chinese trade officials have gone back and forth with criticisms in recent days, taking each other to task for actions after the Geneva agreement to roll back tariffs and trade restrictions and negotiate a broader trade deal.

Yesterday, officials at the Chinese Ministry of Commerce (MOFCOM) held a roundtable discussion on semiconductor supply chains with European and Chinese companies and trade associations, emphasizing the importance of cooperation amidst China's new export control rules and indicating a potential relaxation of restrictions for EU-linked supply chains.