Some European auto parts plants have suspended output and German carmaker BMW warned its supplier network was affected by shortages of rare earths, as concerns about the damage from China's restrictions on critical mineral exports deepen.

After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.

India's EV ambitions face challenges due to China's export restrictions on rare earths, which are essential for EV production. The Indian government is contemplating sending a delegation to negotiate with China.

U.S. stock futures are lower after major stock indexes eked out a gain despite rising trade tensions between the U.S. and China.

Fox News correspondent Alexandria Hoff reports on the latest trade developments between the United States and China on ‘Special Report.’

A decline in Tesla's China-made electric vehicle sales extended to an eighth month in May, as the U.S. automaker's sales woes were compounded by brutal price wars in the world's largest auto market. Deliveries of China-made Model 3 and Model Y vehicles,

China-made electric vehicle sales fell 15% Y/Y in May 2025, totaling 61,662 units, Reuters reported, citing data from the China Passenger Car Association (CPCA). This figure includes both domestic sales and exports of the Model 3 and Model Y vehicles manufactured at its Shanghai plant.

China shipments fell 15% year-over-year in May to 61,662 units, according to a preliminary report from the China Association of Automobile Manufacturers. Despite a year-over-year decline, the electric vehicle maker reported a 5.