China is home to more than 90% of global rare earths and permanent magnets refining capacity, compared with just 4% for second-place Malaysia, according to the International Energy Agency.
December 2, 2025Search
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China Can Still Meet Ambitious US Soybean Pledge, Traders Say
China is expected to step up U.S. soybean purchases to meet a pledge to buy at least 12 million tons by the end of the year, underscoring a wider market hope that a fragile trade truce can hold.
December 2, 2025South Africa to Prosecute Maersk, CMA Units for Price Fixing
The companies allegedly fixed the general rate increase charged to customers for shipping cargo between South Africa and Asia and between the nation and the western part of Africa from 2008 to 2018.
December 2, 2025DOT Review Finds 44% of Trucking Schools Are Noncompliant
The Transportation Department said Dec. 1 that it plans to revoke the certification of nearly 3,000 truck driving schools unless they can comply with training requirements in the next 30 days.
December 2, 2025Canada's Algoma Steel to Cut 1,000 Jobs Amid US Tariffs
Trump’s 50% tariffs on foreign steel “have fundamentally altered the competitive landscape and sharply limited our ability to access the U.S. market,” a spokeswoman said.
December 1, 2025Border Patrol Detains Mexican Truck Drivers for ‘Cabotage’
Mexican truck drivers hauling domestic U.S. freight recently were detained and saw their commercial vehicles seized by federal agents in a U.S. CBP enforcement effort targeting “cabotage.”
December 1, 2025Costco Joins Legal Fight Over Trump Tariffs
Costco is one of the biggest corporate players to jump into a challenge of the Trump administration's tariffs largely driven this year by small businesses and Democratic state officials.
December 1, 2025Global Goods Trade Slows as Tariff Front-Loading Ends
The data for airfreight and container shipping “continue to signal expansion,” even as they weakened from June, “indicating a cooling-off in the transportation of goods worldwide,” WTO said.
December 1, 2025Canada to Tighten Steel Rules, Increase Lumber Aid
Prime Minister Mark Carney’s government will lower the tariff-rate quota level for steel imports from countries with which Canada doesn’t have a trade agreement to 20% from 50%.
November 26, 2025Trump Says China Has Agreed to Boost US Farm Purchases
U.S. President Donald Trump said he urged Chinese President Xi Jinping to increase the speed and size of agricultural purchases and said Beijing had “more or less agreed” to do so.
November 26, 2025