According to media reports, India is planning a significant increase to its subsidy program for rare-earth magnets, initially announced only in July.
Joint declaration signed at the sidelines of the G7 Energy and Environment Ministers’ Meeting in Toronto.
According to a fact sheet, Beijing will issue “General Licenses.”
New government plan includes tariff cuts, tax incentives, and regulatory easing
At their first meeting since 2019, U.S. President Donald Trump and Chinese President Xi Jinping reportedly made progress on several key issues in the ongoing trade dispute.
The two countries will coordinate investment, permitting, and stockpiling measures to diversify supply chains.
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