The Export-Import Bank is providing a $10 billion loan to Project Vault, an initiative to stockpile critical minerals. The project is the administration’s latest effort to reduce reliance on China.
Category: United States International Relations
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The Bank Trump Is Relying On for Rare-Earth Minerals
The New York Times – Business: -
Airline Stocks Tumble as Iran War Expands Across Middle East
The New York Times – Business:Higher fuel prices and lower demand for international flights are eating into airlines’ profits.
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Trump’s Tariffs Go Into Effect at 10 Percent, Not 15
The New York Times – Business:The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on Saturday.
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Trump Administration Scrambles to Pick Up the Pieces of Broken Tariffs
The New York Times – Business:President Trump is already working to piece his tariff program back together, after a Supreme Court ruling ruptured a centerpiece of his economic agenda.
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U.K., Australia and Others Worse Off Under Trump’s New Tariffs
The New York Times – Business:Many important U.S. trading partners are facing higher duties after President Trump, reacting to a Supreme Court setback, set the rate on a new set of global tariffs at 15 percent.
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Supreme Court Justices Strike Down Trump’s Tariffs
The New York Times – Business:President Trump is the first to invoke the International Emergency Economic Powers Act of 1977 to set tariffs on imported goods from more than 100 countries.
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Jittery Markets Seek an Iran ‘Off-Ramp’
The New York Times – Business:Oil prices spiked and stocks fell as tensions between Washington and Tehran unnerved investors.
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Trump Mulls a North American Trade Pact Without Canada
The New York Times – Business:U.S. officials are threatening major changes to a trade agreement with Mexico and Canada that could upend the way business is done and leave Canada on the outs.
