The White House is considering banning exports to China of all items that were made with or contain U.S.-made software in response to China’s announcement of rare earth export controls. According to Reuters,

Reuters’ Ella Cao and Lewis Jackson reported that “China imported no soybeans from the U.S. in September, the first time since November 2018 that shipments fell to zero, while South American shipments surged from a year earlier, as buyers shunned American cargoes during the ongoing trade dispute between the world’s two largest economies.”

Shares of U.S.-listed rare earth miners fell sharply on Monday as U.S. officials expect China to delay introducing export controls on critical minerals

Trump might have won the deficit battle with China – the primary reason for the broad U.S. tariffs – but he is losing the war on the U.S. deficit with the world.

Live cattle are sharply lower with limit down moves in feeders under expanded limits on Monday morning. Brad Kooima says now the focus is on the possibility of the U.S. dropping the 50% additional tariffs on beef imports.

Trump administration officials say new trade deals and aid could ease the strain, but many farmers are struggling to stay afloat.

China's soybean supply chain underwent a dramatic realignment in September 2025, with customs data showing U.S. imports collapsed to zero last month from 1.7 million metric tons a year earlier, as buyers heavily favored South American suppliers.

US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week.

Indian billionaire Mukesh Ambani's Reliance Industries is rushing to get its orders of battery components out of China ahead of new export curbs, two people briefed on the matter said, as concerns mount worldwide about how Beijing intends to enforce its widening export control regime.

India is negotiating with China on implementing new end-user conditions for rare earth imports, amidst ongoing supply struggles for the Indian automotive and electronics sectors.