Overview

• China’s commerce ministry reports it is reviewing and approving export licence applications for controlled items, including rare earth minerals.
• The U.S. Commerce Department has rescinded licence requirements on ethane exports to China.
• Beijing labels the London trade framework “hard-won” and cautions that blackmail and coercion will undermine stability.
• The 90-day tariff suspension expires on July 9, heightening pressure on both sides to fully implement agreed measures.
• Some chip design software providers have restored service for Chinese clients and GE Aerospace has resumed jet engine shipments.