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Trump is going to eventually earn the "boy who cried wolf" status with on again off again tariff threats that never materialize.
 

Beef cow slaughter drops 17% from last year | Weekly Livestock Market Update​

May 30, 2025
In this conversation, Meghan Grebner and Kenny Burdine discuss the current state of the beef cattle market, focusing on slaughter numbers, consumer demand, pricing dynamics, and the impact of trade tariffs. They explore the implications of low beef cow slaughter rates, the importance of consumer behavior in shaping market trends, and the necessity of risk management in a volatile market environment. The discussion also highlights the significance of seasonal demand and the effects of recent cold storage data on supply levels.

Beef cow slaughter drops 17% from last year | Weekly Livestock Market
 

Rare-Earths Plants Are Popping Up Outside China​

GOIÂNIA, Brazil—In a warehouse deep in Brazil’s savanna, machines churn through piles of red clay to produce chalky rocks packed with metals critical for making electric cars, smartphones and missiles.

But what is particularly precious about these minerals is their intended destination: They are bound for the U.S., not China.

China mines some 70% of the world’s rare earths, the 17 metallic elements primarily used in magnets needed for civilian and military technologies. But its 90% share of processing for rare earths mined around the world is what really concerns officials from other countries working to secure their supply.

More:

https://www.msn.com/en-us/science/e...up-outside-china/ar-AA1F1yDF?ocid=socialshare
 

U.S.-China Trade Truce Risks Falling Apart Over Rare-Earth Exports​

A trade truce between the U.S. and China is at risk of falling apart, as China’s slow-walking on rare-earth exports fuels U.S. recriminations that China is reneging on the deal.

Getting the pact together in Geneva earlier this month hinged on Beijing’s concession on the critical minerals, according to people familiar with the matter.

The people say the U.S. trade negotiators presented their Chinese counterpart, Vice Premier He Lifeng, with a demand that Beijing resume rare-earth exports. In return, the U.S. would agree to a 90-day tariff truce. He agreed to the demand in the final hours of marathon discussions with Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, the people said.

More:

 

‘Trump time’ becomes a liability for president’s tariff agenda​

President Donald Trump’s move-fast-and-break-things ethos this week led to a major setback for his trade policy, leaving the White House scrambling to chart its way around a potentially devastating legal ruling.

Yet with the central element of his economic agenda in jeopardy, Trump is digging in on his vow to impose steep tariffs by any means necessary — and stick it to those who question his strength and think he’s bound to “chicken out.” He and administration officials have said that negotiations with other countries will continue, are insisting they’ll win their current tariff battle in court and are even preparing back-up strategies for new tariffs in case they don’t.

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Take Five: Plot twist​

LONDON (Reuters) -U.S. jobs data, a European Central Bank meeting and big global oil producers all vie for investor attention this week.

And as a new month begins, court rulings on U.S. President Donald Trump's tariffs suggest further plot twists to the trade story.

Here's what's coming up in the week ahead in world markets from Lewis Krauskopf in New York, Rae Wee in Singapore, and Yoruk Bahceli, Dhara Ranasinghe and Alex Lawler in London.

More:

https://www.msn.com/en-us/money/economy/take-five-plot-twist/ar-AA1FU7C4?ocid=socialshare
 

Shares and dollar tumble as tariff tensions flare​

By Wayne Cole and Amanda Cooper

SYDNEY/LONDON (Reuters) - Stocks and the dollar slipped on Monday as U.S.-China trade tensions bubbled and investors turned defensive ahead of U.S. jobs data and a widely expected cut in European interest rates.

Shares in Asian and European steelmakers, which export metal to the United States, dropped in reaction to President Donald Trump's threat late on Friday to double tariffs on imported steel and aluminium to 50%, starting June 4. The move drew criticism from European Union negotiators.

Speaking on Sunday, Treasury Secretary Scott Bessent said Trump would soon speak with Chinese President Xi Jinping to iron out a dispute over critical minerals.

Beijing then forcefully rejected Trump's trade criticism, suggesting a call might be some time coming.

More:

https://www.msn.com/en-gb/money/oth...f-tensions-flare/ar-AA1FUy5f?ocid=socialshare
 
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