US, China should de-escalate from tit-for-tat actions, US lawmaker says

US Senator Steve Daines has urged Washington and Beijing to avoid escalating tensions through tit-for-tat actions, citing China’s recent export controls against American rare earth firms and the Pentagon’s decision to blacklist several Chinese technology companies. “These are unfortunate developments,” the Republican Senator from Montana said on Monday. Daines is a member of two of the most powerful committees in the US Senate: the Foreign Relations and Finance Committees. “The escalation on...