News Snapshot:
In London, top U.S. and Chinese officials have resumed high-stakes trade talks aimed at resolving contentious issues surrounding export controls of rare earth materials. These discussions are crucial, as rare earths are vital for sectors such as autos, aerospace, and technology, and have raised global supply chain concerns. The renewed negotiations come after a preliminary agreement was reached last month, initially offering relief but soon marred by accusations from Washington against Beijing for blocking critical exports. This economic standoff occurs amid a concerning plunge in China's exports to the U.S. and ongoing pressures on the U.S. dollar. Leading the U.S....