
China Says US Lifted Some Export Curbs, Warns Against 'Blackmail'
"Currently, both teams are working quickly to implement the results outlined in the London framework", China's commerce ministry said in a statement, referring to the June meetings.
Beijing is now "reviewing applications for export licences of controlled items that meet the requirements", it said.
"The US side is also taking corresponding actions and has lifted a series of restrictive measures against China, the details of which have been communicated to the Chinese side," it added.
The world's two top economies agreed to an outline of a deal to walk back from the brink of staggering tariffs at last month's meetings in London, with concessions including Beijing's resumption of key rare earth exports.
Washington has also recently lifted rules for certain exports to China, including by removing licence requirements for shipping ethane to the country, according to a Bloomberg report this week.
China's commerce ministry statement added that "the London framework was hard-won" -- and warned that "blackmail and coercion will lead nowhere".
"We hope the United States will... continue to work in the same direction as China (and) further correct its erroneous practices."
Prior to the London talks, Beijing and Washington had agreed to temporarily lower steep tit-for-tat tariffs on each other's products.
But US officials later accused Beijing of violating the pact and slow-walking its approvals of export licences for rare earths -- the global production of which is dominated by China.
President Donald Trump said Sunday that the United States was "getting along well with China".

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News18
34 minutes ago
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Trump Signs ‘Big, Beautiful Bill' Into Law: What Is It, What It Changes And Why It's Controversial
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Other measures, such as cuts to healthcare benefits under Medicaid, reduced food assistance, and restrictions on diversity and inclusion programmes in schools, will take longer to implement. These changes require coordination between central (federal) and state-level agencies, similar to how both the Centre and states in India implement welfare schemes jointly. Legal battles are expected. Civil liberties groups and Democratic state governments have already said they will challenge parts of the law in US courts, especially provisions that affect reproductive health and public health funding. top videos View all Politically, the bill is set to become the centrepiece of Donald Trump's campaign for the 2026 US midterm elections. It gives him and the Republican Party a major achievement to showcase, while also energising opposition from Democrats and social activists. For India, there's no immediate direct impact, but sectors like IT services, pharma, clean energy, and skilled migration will be watching closely. About the Author Karishma Jain Karishma Jain, Chief Sub Editor at writes and edits opinion pieces on a variety of subjects, including Indian politics and policy, culture and the arts, technology and social change. Follow her @ More Get Latest Updates on Movies, Breaking News On India, World, Live Cricket Scores, And Stock Market Updates. Also Download the News18 App to stay updated! tags : donald trump US House of Representatives US Senate Location : New Delhi, India, India First Published: July 04, 2025, 16:41 IST News explainers Trump Signs 'Big, Beautiful Bill' Into Law: What Is It, What It Changes And Why It's Controversial


The Hindu
35 minutes ago
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Mint
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