While headlines focus on soybeans and semiconductors, China’s complete halt of US coal imports reveals deeper trade war damage. The 14% export decline exposes structural vulnerabilities in America’s energy export strategy that won’t be easily reversed.
China’s manufacturing sector contracted more than expected in October, hitting its lowest level since April. The PMI reading of 49.0 reflects ongoing trade tensions and domestic economic challenges despite recent trade truce developments.
General Motors is eliminating 1,750 positions in response to slowing EV demand and expiring federal tax credits. The cuts reflect a broader industry recalibration as automakers face changing regulatory and market conditions.
The high-stakes Trump-Xi summit could determine whether the world’s two largest economies extend their trade war truce or plunge back into economic hostilities. With rare earths and technology controls as leverage, both sides seek temporary stabilization amid deepening strategic competition.
Westinghouse claims an $80 billion nuclear reactor deal, but the announcement lacks critical details. The company’s troubled history and nuclear power’s high costs raise serious questions about viability.
According to Ars Technica, Westinghouse announced on Tuesday that it reached an agreement wi
Nvidia CEO Jensen Huang reveals Blackwell AI chips are now manufactured in Arizona following direct pressure from President Trump. This strategic shift marks a critical moment for US semiconductor sovereignty amid global AI competition.
The sudden breakdown of Canada-U.S. trade talks reveals deeper vulnerabilities in North American economic cooperation. Political tensions have derailed progress on critical sectoral agreements.
Senior US and Chinese officials are engaged in critical negotiations in Malaysia to prevent a major escalation of the trade war. The talks aim to salvage next week’s planned meeting between Presidents Trump and Xi amid threats of new 100% tariffs and expanded export controls.
Top economic officials from the United States and China have reportedly launched emergency talks in Kuala Lumpur this weekend, racing against the clock to prevent a dramatic escalation of their ongoing trade war. According to sources familiar with the negotiations, the discussions represent a critical effort to salvage next week’s planned meeting between U.S. President Donald Trump and Chinese President Xi Jinping.
Rivian Automotive is reportedly preparing to lay off more than 600 workers as the electric vehicle manufacturer confronts increasing market headwinds. The cuts would affect approximately 4% of the company’s workforce, with details expected to be shared with employees this week. The move comes as EV makers face a shifting regulatory landscape and changing market conditions.
Electric vehicle manufacturer Rivian Automotive is planning significant workforce reductions affecting more than 600 employees, according to reports from multiple financial news sources. The layoffs represent approximately 4% of the company’s total workforce, which stood at just under 15,000 employees at the end of last year.
The United States is reportedly weighing unprecedented export restrictions targeting products manufactured using American software in response to China’s rare earth export controls. This potential escalation could disrupt global technology supply chains and affect everything from consumer electronics to aerospace components.
The Trump administration is reportedly considering sweeping restrictions on exports to China that contain or were produced using U.S. software, according to sources familiar with the matter. This potential move would represent a significant escalation in the ongoing trade tensions between the world’s two largest economies.
