Reported about 11 hours ago
In the latest developments in U.S.-China trade relations, President Trump has set forth critical demands for China, focusing on rare earth materials, fentanyl, and soybeans as negotiations approach. He announced a deal with Australian Prime Minister Anthony Albanese to enhance U.S. access to rare earth minerals amid tensions with China, which has recently imposed restrictions on these exports. Meanwhile, the U.S. budget deficit has decreased partly due to increased tariff revenues, although American consumers are expected to bear the brunt of the tariffs.
Source: YAHOO