Tag: Asia-Pacific

International Business and TradePolicy

US Treasury Warns China Export Controls Could Force Global Decoupling, Trade Tensions Escalate

US Treasury Secretary Scott Bessent has warned that China’s sweeping new export controls on rare earths and critical minerals could force the world to decouple from Chinese supply chains. The warning comes as Beijing implements licensing requirements that could significantly impact global industries dependent on these strategic materials.

US Officials Warn of Forced Decoupling Over China Export Controls

US Treasury Secretary Scott Bessent has issued a stark warning to Beijing that its new sweeping export controls on rare earth elements and critical minerals could force the world to decouple from China, according to reports from the FirstFT newsletter. Bessent delivered the warning alongside US Trade Representative Jamieson Greer at a news conference, where he stated that “if China wants to be an unreliable partner to the world, then the world will have to decouple.”

by Megan Carter
InnovationPolicy

Canada’s Research Infrastructure Strategy for Global Innovation Leadership

Canada’s network of major research facilities represents untapped potential for global leadership in science and innovation. Strategic reforms to funding, coordination, and mission alignment could position these facilities as national flagships driving economic and technological advancement.

Canada stands at a pivotal moment to leverage its research infrastructure for global leadership in science and innovation. According to analysis from TRIUMF, Canada’s particle accelerator centre, the nation’s major research facilities represent strategic advantages currently operating below their potential. As geopolitical shifts redefine international scientific collaboration, Canada’s approach to these facilities could determine its position in the emerging global research landscape.

The Strategic Value of Canada’s Research Infrastructure

by Megan Carter