Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Chinese President Xi Jinping and U.S. President Donald Trump will meet Wednesday. (Photo by Thomas Peter-Pool/Getty Images) Getty Images Key…
Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two…
My fellow Americans: Prime Minister Nakasone of Japan will be visiting me here at the White House next week. It’s an important visit, because, while I expect to take up our relations with our good friend Japan, which overall remain excellent, recent disagreements between our two countries on the issue of trade will also be…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Eamon Javers reports on President Donald Trump speaking to reporters at the White House, saying he has a long meeting scheduled with Chinese President Xi Jinping during an upcoming trip to South Korea. 02:09 Wed, Oct 22 20255:36 PM EDT Source…
Minnesota is a major player in U.S. agriculture, ranking sixth in production. However, an ongoing trade war has some farmers worried about selling in the years to come. A panel of speakers gathered in Lakeville Saturday, including U.S. Rep. Angie Craig and Thom Petersen, Minnesota’s Commissioner of Agriculture. The panel was part of the Free…
Travis Hutchison, a soybean farmer, opens up a pod to show soybean kernels at his family’s farm in Cordova, Maryland, on October 10, 2025. ROBERTO SCHMIDT/AFP via Getty Images The United States’ soybean harvest is more than halfway complete, but farmers are hurting. China, once the largest buyer of U.S. soybeans, continues to boycott purchases…
U.S. President Donald Trump speaks during a ceremony to posthumously award the Medal of Freedom to Charlie Kirk, in the Rose Garden patio at the White House in Washington, D.C., U.S., Oct. 14, 2025. Kevin Lamarque | Reuters U.S. stocks had a rocky day of trading, swinging from highs and lows like the quality of…
New tariffs on imported wood and certain wood products took effect on Tuesday. Softwood timber and lumber are now subject to 10% tariffs under a proclamation signed by President Donald Trump last month. Trump also imposed 25% import taxes on upholstered furniture, kitchen cabinets, and bathroom vanities. Those rates are slated to increase again on…
WASHINGTON (TNND) — From U.S. fighter jets to submarines to cell phones to electric cars, the uses for rare earth minerals are widespread, which means the demand for them is as well. China’s announcement last week that it would impose severe restrictions on its rare earth minerals beginning Dec. 1 came as a shock, including…
Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty Images President Donald Trump on Tuesday said his administration is considering “terminating business with China having to do with Cooking Oil” in retaliation for…