Ford CEO Jim Farley said that a rare earth minerals shortage is hurting production and caused the automaker to temporarily shut down one of its plants last month, according to an interview with Bloomberg TV. Rare earth minerals, which are a set of 17 metallic elements, are integral to automobile production, and enable features like … Read more
London — President Trump declared on Wednesday morning that a U.S. trade “deal with China is done.” The U.S. leader offered a few key details of a “framework deal” reached between senior U.S. and Chinese trade representatives in London on Tuesday, but he acknowledged that both he and Chinese President Xi Jinping were both yet to … Read more
By Scott DiSavino NEW YORK (Reuters) -Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the U.S. and China. Analysts have said a trade deal between the countries with the world’s two biggest economies could boost prices by supporting global economic growth and increasing oil demand. … Read more
White House trade official Peter Navarro downplays consumer impact of Chinese tariffs – CBS News Watch CBS News White House trade adviser Peter Navarro joins Margaret Brennan to discuss protests in Hong Kong, the economy and trade talks with China. Be the first to know Get browser notifications for breaking news, live events, and exclusive … Read more
Something rare is happening in Hatfield, Pennsylvania, about an hour outside of Philadelphia. The Rodon Group, a privately held plastics injection molding company, is doing what only a few manufacturers in the US are equipped to do: They are making toys. The facility produces billions of plastic parts every year, among which include window parts, … Read more