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Fed officials are widely expected to cut their benchmark interest rate for a third straight time Dec. 10, in a bid to safeguard against worsening labor market conditions.

Bloomberg previously reported that after a series of orders placed in late October — the first of this season — China’s purchases of American soybeans appeared to have stalled. 

The aid comes amid rising frustration among farmers on the slow pace of Chinese purchases, which Beijing clamped down on earlier this year in retaliation for Trump’s tariff barrage. 

India-U.S. relations have also soured because of Trump’s assertions he brokered a ceasefire between India and Pakistan during the conflict in May and used trade as a bargaining chip.

While China's shipments to the U.S. plummeted 29% in November, strong growth in sales to regions like the European Union and Africa more than offset the slump.

The step by Platts, a unit of S&P Global Energy, effectively eliminates one source of supply that might be cheaper than others. The move will align with European Union rules.

“We can and we must pursue our climatic goal in an effective way, while not killing our competitiveness in the meanwhile since there is nothing green in an industrial desert,” EU leaders said.

While the protracted freight market slump has yet to turn around, CRST's dedicated truckload business is having its best year in three years, CEO Mike Gannon says.

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video call with Chinese Vice Premier He Lifeng on Dec. 5, according to China’s state-run news agency Xinhua. 

First Brands is asking the judge overseeing its bankruptcy to set up a framework that will give comfort to clients that they can send money to the company without risk of double payment.