Trade
China’s rare earth magnet exports to U.S. falls for second month, reversing brief recovery
Annealed neodymium iron boron magnets sit in a barrel prior to being crushed into powder at Neo Material Technologies Inc.’s Magnequench Tianjin Co. factory in Tianjin, China, on Friday, June 11, 2010. Bloomberg | Bloomberg | Getty Images China’s exports of rare earth magnets to the U.S. fell sharply in September, ending months of recovery […]
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Shares of Australian critical metal companies surge on $8.5 billion U.S. minerals deal
U.S. President Donald Trump, and Anthony Albanese, Australia’s prime minister, shake hands outside the West Wing of the White House in Washington, DC, US, on Monday, Oct. 20, 2025. Bloomberg | Bloomberg | Getty Images Shares of some of Australia’s largest critical metals and rare earths companies surged on Tuesday following the announcement of a […]
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Trump’s 100% movie tariff threat risks dealing a heavy blow to Britain’s already struggling film industry
U.S. President Donald Trump’s renewed threat to impose a 100% tariff on all movies produced outside of the country could upend the global industry — and deliver a heavy blow to Britain’s already fragile sector. The White House leader first announced duties on movies produced outside the U.S. in May this year. He than reiterated […]
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Bessent, Chinese vice premier to meet to try to defuse US tariff hike
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese […]
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Democrats’ distrust of Trump keeps them from forming ‘gang’ to negotiate government shutdown
WASHINGTON, DC – OCTOBER 16: U.S. Senate Minority Leader Sen. Chuck Schumer (D-NY) (R) and House Minority Leader Rep. Hakeem Jeffries (D-NY) (L) brief members of the press during a news conference on the government shutdown at the U.S. Capitol on October 16, 2025 in Washington, DC. Alex Wong | Getty Images Capitol Hill remains […]
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Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to […]
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Trump’s latest China trade spat offers lessons for the copper market amid AI boom
Key Points Demand for copper is expected to surge over the next decade, powered partly by the ongoing AI boom and a ramp-up in European defense spending. A “fragility” of supply chains, magnified by the current flare-up of trade tensions, shows why a diversity of supply is critical going forward. London Metal Exchange CEO Matt […]
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Swiss government slashes growth outlook as Trump tariffs put ‘heavy burden’ on economy
Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year, […]
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Trump says he might attend Supreme Court tariff case arguments
US President Donald Trump speaks during a press conference in the Oval Office of the White House in Washington, DC on Oct. 15, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump on Wednesday said he might go to the Supreme Court next month to hear oral arguments for the major tariffs case […]
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Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China
Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. “We won’t negotiate because the stock market is going down” or shy away from taking strong measures against Beijing for that reason, Bessent said in an exclusive interview at CNBC’s Invest in America […]
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