Back to the big news this morning. So President Trump has posted that the framework trade agreement with China is a done deal and that will include upfront shipments of rare earths. But exact details of the pact remain fairly sketchy.Now, the President also says he will be sending letters to other trading partners in the next couple of weeks setting unilateral tariff rates. So we're dealing with Japan, we're dealing with South Korea, we're dealing with a lot of them. We're dealing with about 15 countries.Bu ...

The US and China appear to be excited about the progress they're making on trade. So, let's discuss what actually went down during the negotiations. Both countries say they now have a framework that basically gets trade talks back to the agreement that they made in Geneva a month ago.And according to the Commerce Secretary Howard Lutnik, China will start granting rare earth export licenses for US companies immediately. But the Wall Street Journal reports those licenses are only going to last 6 months. So if ...

If we learn one thing during the president's recent negotiations with China, it's that we don't have the cards. We can disrupt their entire manufacturing economy. We can threaten them with a level of unemployment, specifically youth unemployment, that they didn't see coming.But in the end, we got rules because of one thing, our well-known dependence on China for rare earth minerals. They got them. We need them.Although it does make you wonder what the heck were we thinking when we started a trade war withou ...

If we've learned one thing during the president's recent negotiations with China, it's that we don't have the cards. We can disrupt their entire manufacturing economy. We can threaten them with a level of unemployment, specifically youth unemployment, that they didn't see coming.But in the end, we got rules because of one thing, our well-known dependence on China for rare earth minerals. They got them. We need them.Although, it does make you wonder what the heck were we thinking when we started a trade war ...

Joining us now, we have Axios chief economic correspondent Neil Irwin and NBC News senior business correspondent Christine Romans and Basil Michael is still with us. So I appreciate you all being here. Let's go ladies first with you, shall we.Okay, so Christine, um the cuts included in this bill, they're going to target not only SNAP, but Medicaid to what extent. Well, you're talking about 560ish billion dollars over a decade. And you look at the Congressional Budget Office scoring of this, and that's the o ...

Well, Brendan, you've been covering these negotiations closely over the past few months as tensions between the US and China have escalated and deescalated. How has that ticking clock played into these talks this week in London. Well, the focus for the past couple weeks for the Trump administration has really been on China.It's been almost exactly a month since they emerged from talks in Geneva, Switzerland. But what's happened in the meantime is China has shown the world how much leverage it has. China con ...

MIND Technology (MIND) Q1 2026 Earnings Call June 11, 2025 09:00 AM ET Speaker0 Greetings. Welcome to MIND Technologies First Quarter Fiscal twenty twenty six Earnings Conference Call. At this time, participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Zach Vaughan. Thank you, sir. You may begin. Speaker1 Thank you, operator. Good morning, welcome to the MIND T ...

Group 1 - The rare earth industry chain is crucially linked to recycling, which has become an important part of the industry due to the non-renewable nature of rare earth resources [1][3] - The upstream of the rare earth industry includes the refractory raw material manufacturing sector, which involves the mining, smelting, and processing of inorganic non-metallic mineral raw materials [1] - The downstream processing of rare earth metals and oxides leads to the production of various materials used in wind power generation, electric vehicles, energy-saving air conditioners, and smart manufacturing [1] Group 2 - China's rare earth mining and smelting are controlled by four major groups, limiting the number of participants in the upstream and midstream sectors [3] - Representative companies in the downstream sector include Zhongke Sanhuan, Lingyi Zhi Zao, and Antai Technology, while recycling is represented by Huahong Technology and Southern Rare Earth [3] - The regional distribution of rare earth companies shows a concentration in Jiangxi, Inner Mongolia, and Zhejiang, with Jiangxi having the highest number of companies at 197, accounting for 16.4% of the national total [5][7] Group 3 - There are 17 major rare earth industrial parks in China, primarily located in Inner Mongolia, Fujian, Jiangxi, Shandong, Sichuan, and Ningxia, with Inner Mongolia having the highest concentration of 10 parks [9]

(door slamming) (camera shutter clicking) (onlookers faintly speaking) (car engine rumbling) - We have reached a framework to implement the Geneva consensus and the call between the two presidents, right. So that was on June 5th. So we've combined those two.We've reached a framework for implementation. So the idea is we are going to go back and speak to President Trump and make sure he approves it. They're gonna go back and speak to President Xi and make sure he approves it.And if that is approved, we will ...

Shares of MP Materials are extending a recent rally into Tuesday as officials from the U.S. and China are in the midst of trade talks, with the importing and exporting of rare earths a key topic. https://t.co/eD6dGqTu2y ...