What to Know About China’s Halt of Rare Earth Exports

China has suspended almost all exports since April 4 of seven kinds of rare earth metals, as well as very powerful magnets made from three of them. The halt has caused increasingly severe shortages that threaten to close many factories in the United States and Europe. Why are these metals so needed, why has China […]

Beyond Tariff Truce, China Readies for a Rocky Time With U.S.

Even as the United States and China take steps to rein in their trade war, Beijing is preparing for broader rivalry with Washington to continue. For China, that means its search for economic and diplomatic opportunities across Asia is unlikely to soften its tough line on its regional territorial claims and military competition. Both sides […]

Does the United States ‘Need’ Canada? What to Know.

President Trump had one big question on his mind as Canadian Prime Minister Mark Carney headed to Washington last week. “I very much want to work with him, but cannot understand one simple TRUTH,” Mr. Trump said in a social media post, reiterating several of ways he believes Canada benefits unfairly from its trade relationship […]

Trump’s Threatened Tariffs Are So Large, 10% Feels Like a Relief

There has been a mantra spreading among weary corporate executives who are becoming resigned to President Trump’s tariffs while still hoping to avoid the worst of their effects: Ten percent is the new zero. The statement refers to the 10 percent tariff that Mr. Trump put in place on most U.S. imports one month ago. […]

China’s Garment Factories Face a Tipping Point After New Tariffs

Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou, long the center of China’s highly competitive garment industry. He and other factory managers, already dealing with tight profit margins, […]

Canadian Snowbirds Bought Into the American Dream in Palm Springs. Was It a Mirage?

On the night of the 2024 presidential election, Ken James, a retired engineer from Calgary, Alberta, was at his second home in Palm Springs, Calif., watching with dismay as the results rolled in. Mr. James, 68, called his wife back in Calgary. “If he gets back in, I’m selling,” he recalled her saying of Donald […]

An E.U. Deforestation Rule Has Ethiopian Coffee Farmers Scrambling

Farmers in Africa that produce some of the world’s most prized coffee are in a scramble to comply with new European Union environmental rules that require them to document the origin of every shipment of beans. The new measure, coming into force at the end of this year, is designed to prevent deforestation driven by […]

Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.

When President Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. “I was watching the bond market,” he said. “The bond market is very tricky.” Mr. Trump should know — he had a big personal stake in it. A New York Times analysis of […]

Meloni and Trump Oval Office Meeting Cements Special Rapport

For international leaders, visiting the White House these days is an unpredictable undertaking that comes with a risk of being embarrassed, or worse, berated, by President Trump. For Prime Minister Giorgia Meloni of Italy, Thursday’s meeting in the Oval Office was largely a smooth affair, with Mr. Trump covering her in hyperbolic praise and making […]

Man Pleads Guilty to Selling Sperm Whale Teeth and Bones

A South Carolina man pleaded guilty on Thursday to importing sperm whale teeth and bones from four countries and selling them in the United States, federal prosecutors said. The man, Lauren H. DeLoach, 69, of St. Helena Island, S.C., pleaded guilty to Lacey Act and Marine Mammal Protection Act charges for importing and selling sperm […]

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