By David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump and Chinese President Xi Jinping took steps on Thursday to de-escalate their trade war, trading some U.S. tariff reductions and tighter export controls for a pause on Beijing’s new restrictions on rare earth minerals and magnets and a resumption of their purchases of U.S. soybeans….
By Rozanna Latiff and David Lawder KUALA LUMPUR/WASHINGTON (Reuters) – Top U.S. and Chinese economic officials will arrive in Kuala Lumpur on Friday for talks aimed at avoiding an escalation of the trade war and keeping next week’s meeting between U.S. President Donald Trump and Chinese President Xi Jinping on track. US Treasury Secretary Scott…
Shares of Cleveland-Cliffs (CLF) rose as much as 24% early Monday morning after the company announced it would redouble efforts related to the extraction of rare earth minerals, which has become one of the hottest commodities trades on Wall Street this year. “Beyond steel production, the renewed importance of rare earths has led us to…
