Ukraine receives 1,200 bodies of dead Ukrainian soldiers, Kyiv says
KYIV (Reuters) -Ukraine has received 1,200 bodies of its soldiers killed in the war with Russia, Ukrainian officials responsible for exchanging prisoners of war said on Saturday.
The prisoner exchange coordination committee said in a statement on the Telegram that the return of the bodies was part of the agreements reached by Ukraine and Russia during their talks in Istanbul earlier this month.
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Bloomberg
an hour ago
- Bloomberg
China-US Deal Didn't Address Some Rare Earths Controls: Reuters
The trade agreement reached by US and China in London left export restrictions tied to national security unresolved, Reuters reported, citing two people familiar with the matter. Beijing hasn't committed to granting export clearance for certain rare-earth magnets needed by US military suppliers in fighter jets and missile systems, according to the report.
Yahoo
2 hours ago
- Yahoo
Exclusive-US-China trade truce leaves military-use rare earth issue unresolved, sources say
By Laurie Chen and Fanny Potkin BEIJING/SINGAPORE (Reuters) -The renewed U.S.-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told Reuters. Beijing has not committed to grant export clearance for some specialized rare-earth magnets that U.S. military suppliers need for fighter jets and missile systems, the people said. The United States maintains export curbs on China's purchases of advanced artificial intelligence chips out of concern that they also have military applications. At talks in London last week, China's negotiators appeared to link progress in lifting export controls on military-use rare earth magnets with the longstanding U.S. curbs on exports of the most advanced AI chips to China. That marked a new twist in trade talks that began with opioid trafficking, tariff rates and China's trade surplus, but have since shifted to focus on export controls. In addition, U.S. officials also signalled they are looking to extend existing tariffs on China for a further 90 days beyond the August 10 deadline agreed in Geneva last month, both sources said, suggesting a more permanent trade deal between the world's two largest economies is unlikely before then. The two people who spoke to Reuters about the London talks requested not to be named because both sides have tightly controlled disclosure. The White House, State Department and Department of Commerce did not immediately respond to requests for comment. China's Foreign and Commerce ministries did not respond to faxed requests for comment. President Donald Trump said on Wednesday the handshake deal reached in London between American and Chinese negotiators was a "great deal," adding, "we have everything we need, and we're going to do very well with it. And hopefully they are too." And U.S. Treasury Secretary Scott Bessent said there would be no "quid pro quo" on easing curbs on exports of AI chips to China in exchange for access to rare earths. CHINA CHOKEHOLD But China's chokehold on the rare earth magnets needed for weapons systems remains a potential flashpoint. China dominates global production of rare earths and holds a virtual monopoly on refining and processing. A deal reached in Geneva last month to reduce bilateral tariffs from crushing triple-digit levels had faltered over Beijing's restrictions on critical minerals exports that took shape in April. That prompted the Trump administration to respond with export controls preventing shipments of semiconductor design software, jet engines for Chinese-made planes and other goods to China. At the London talks, China promised to fast-track approval of rare-earth export applications from non-military U.S. manufacturers out of the tens of thousands currently pending, one of the sources said. Those licenses will have a six-month term. Beijing also offered to set up a "green channel" for expediting license approvals from trusted U.S. companies. Initial signals were positive, with Chinese rare-earths magnet producer JL MAG Rare-Earth, saying on Wednesday it had obtained export licences that included the United States, while China's Commerce Ministry confirmed it had approved some "compliant applications" for export licences. But China has not budged on specialized rare earths, including samarium, which are needed for military applications and are outside the fast-track agreed in London, the two people said. Automakers and other manufacturers largely need other rare earth magnets, including dysprosium and terbium. BIG ISSUES REMAIN The rushed trade meeting in London followed a call last week between Trump and Chinese leader Xi Jinping. Trump said U.S. tariffs would be set at 55% for China, while China had agreed to 10% from the United States. Trump initially imposed tariffs on China as punishment for its massive trade surplus to the United States and over what he says is Beijing's failure to stem the flow of the powerful opioid fentanyl into the U.S. Chinese analysts are pessimistic about the likelihood of further breakthroughs before the August 10 deadline agreed in Geneva. "Temporary mutual accommodation of some concerns is possible but the fundamental issue of the trade imbalance cannot be resolved within this timeframe, and possibly during Trump's remaining term," said Liu Weidong, a U.S.-China expert at the Institute of American Studies, Chinese Academy of Social Sciences. An extension of the August deadline could allow the Trump administration more time to establish an alternative legal claim for setting higher tariffs on China under the Section 301 authority of the USTR in case Trump loses the ongoing legal challenge to the tariffs in U.S. court, one of the people with knowledge of the London talks said. The unresolved issues underscore the difficulty the Trump administration faces in pushing its trade agenda with China because of Beijing's control of rare earths and its willingness to use that as leverage with Washington, said Ryan Hass, director of the John L. Thornton China Center at the Brookings Institution. "It has taken the Trump team a few punches in the nose to recognise that they will no longer be able to secure another trade agreement with China that disproportionately addresses Trump's priorities," Hass said. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
New York Post
7 hours ago
- New York Post
Unlawful assembly declared in LA as ‘No Kings' protests grow chaotic; cops hit with concrete, fireworks
Protesters continue to face off with police in a haze of tear gas outside a federal building in downtown Los Angeles, prompting officials to declare an unlawful assembly. The Los Angeles Police Department said on X that protesters are throwing concrete, rocks, bottes and fireworks at officers. 5 Officials declared an unlawful assembly and enforced a citywide curfew. REUTERS Advertisement 5 A demonstrator holding a US Flag kicks a tear gas canister. REUTERS 5 The seemingly calm 'No Kings' protest erupted into chaos Saturday night. Getty Images 5 A demonstrator holds a sign amid tear gas. REUTERS Advertisement 5 Protesters face off with police outside a federal building in downtown Los Angeles. Getty Images A citywide curfew was set for 8 p.m. as the LAPD and other agencies aggressively moved to clear demonstrators from the streets after a seemingly peaceful 'No Kings' rally erupted into a chaotic scene Saturday afternoon. Footage showed police on horseback charging toward the crows while wielding their batons at demonstrators, with others in tactical gear firing off rounds of tear gas. 'We just wanted to come and support our people and we're getting tear gassed for it,' Melissa Bran, 28, told the Associated Press while dabbing her red eyes with a wet cloth.
