The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.

China's June new yuan loans tripled compared with a month ago, likely supported by front-loaded public funding and strength in corporate loans against the backdrop of a sustained trade truce between China and the United States.

Secretary of State Marco Rubio talks about countering China as it expands its global influence. But President Trump’s tariff threats have created friction with U.S. partners.

The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.

Trump's trade advisor Peter Navarro ripped into Apple's reliance on China on Monday. Leaving the country might be harder than Trump thinks, analysts say.

Rare earths at a factory in Tianjin, China. Manufacturers speak of resilience yet some keep only a week’s supply of rare earth magnets in their inventories © Doug Kanter/Bloomberg China’s weaponisatio

The U.S. and China have agreed on the framework for a trade deal, both nations say. It appears that rare earth minerals are one key part of it.

The U.S. pork industry exports about 55 percent of pork offal, sometimes called pork variety meats, to China, according to the National Pork Producers Council. These are the internal organs of hogs, like the kidneys, liver and tongue, which are commonly used in Chinese dishes but are not a part of most American diets.

China Northern now expects to report a surge in first-half net profit to 900 million yuan to 960 million yuan, equivalent to $125.3 million to $133.7 million. At the top end of the range, that would be a more than 21-fold increase from the 45.4 million yuan in net profit reported for the first half of 2024.

China unveiled new measures on Wednesday to stabilise employment, including expanded social insurance subsidies, special loans, and targeted support for young people looking for jobs, as the country grapples with a prolonged trade war with the United States.