Keep pulling the thread on Donald Trump.
President Trump is visiting Beijing for a summit with Chinese President Xi Jinping, accompanied by American CEOs including Jensen Huang of NVIDIA and Elon Musk.
A potential deal for Boeing 737 MAX passenger aircraft is being closely watched as a possible outcome of the U.S.-China summit.
China is the largest importer of Iranian crude oil.
U.S. exports to China declined by approximately 25% last year due to Chinese retaliation in the trade war.
China's export controls on rare earths and permanent magnets last year caused shortages that nearly forced the American automobile industry to shut down.
China produces 90% of the world's rare earths.
China produces 90% of the world's permanent magnets.
Despite the U.S. offering to relax export controls on AI chips, Chinese President Xi Jinping has stated that Chinese tech companies should continue to source locally whenever possible.
China has been helping Russia sustain itself economically throughout its war with Ukraine.
The recent increase in U.S. gas prices is a direct result of the war in Iran and its impact on the Strait of Hormuz.
A vote on a War Powers Resolution is scheduled to come before the U.S. Congress tomorrow.
The latest Producer Price Index (PPI) data showed wholesale inflation rising 6% year-over-year.