China, Trade War
Digest more
Aluminum prices rallied on the London Metal Exchange on Monday to their highest level since May 2022,  driven by broad-based gains in base metals and risk assets following eased U.S.-China trade tensions that have temporarily removed a major source of uncertainty for global economic growth and commodity demand.
Nexperia chips are vital in car production and there were concerns from manufacturers about the damage a shortage could have.
Rare-earth stocks fell again on Monday as investors unwound bets tied to fear of Chinese export restrictions. That trade looks dead with President Donald Trump calling the Chinese rare-earth threat “completely gone.
Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.
Separately, Nvidia CEO Jensen Huang still hopes to sell chips from the company’s Blackwell lineup to customers in China, though he has no current plans to do so, he told reporters Friday. Blackwell is Nvidia’s latest generation of AI semiconductors, figuring prominently as a potential bargaining chip in trade talks between the US and China.
Chinese soybean importers have stepped up purchases of Brazilian cargoes in recent days as South American prices eased on expectations a U.S.-China trade deal will lead to a resumption of U.S. sales to the world's largest soybean importer.
Trump’s trade deal with Xi halts fentanyl shipments, lifts rare-earth bans, and opens Chinese markets to U.S. farmers in a major reset of trade ties.
U.S. Treasury Secretary Scott Bessent admitted Thursday that President Donald Trump’s supposedly triumphant talks about a rare earths deal with China were far from finished. Speaking on Fox News, Bessent touted Trump’s recent efforts in getting China to agree to pause export controls on its rare earth minerals supply for one year.