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White House Reassures Markets: No Trade War with China

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by Li Weicheng

2 hours ago


In a recent statement, White House Economic Advisor Kevin Hassett sought to clarify the current state of U.S.-China relations, particularly in the context of trade. His comments come at a time when both nations are engaged in critical discussions surrounding rare-earth material exports, which are detailed in the document.

США не находятся в торговой войне с Китаем

Hassett emphasized that the United States is not in a trade war with China, aiming to alleviate fears that have been prevalent in the market. This reassurance is particularly significant as the two countries navigate complex diplomatic channels to address issues related to rare-earth materials, which are essential for various high-tech industries.

Переговоры как шаг к стабилизации рынка

The ongoing talks are seen as a crucial step in stabilizing market concerns and restoring investor confidence. As both nations work towards a resolution, the focus remains on ensuring a balanced approach that benefits both economies while mitigating potential disruptions in the supply chain.

In a recent development, India has taken significant steps regarding the Ukraine-Russia conflict, highlighting the importance of diplomatic dialogue among world leaders. This follows the recent comments from the U.S. on trade relations with China. For more details, see India's response.

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