Business & Economics

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Chinese Rare-Earth Magnet Exports Slump Ahead of Trump–Xi Summit

August 2026 customs data show China’s shipments of rare-earth magnets fell sharply—down 21 % to the US and 17 % to Japan—just weeks before the 24 September Trump–Xi meeting that will decide whether November export controls snap back into force.

EU Invites Canada as Prospective ‘Associate Member,’ Triggering Fresh U.S. Tariff Salvo and Ottawa Parliamentary Showdown

On 16-17 Sept 2026, European Commission President Ursula von der Leyen publicly proposed creating a first-ever “associate membership” category for Canada, Prime Minister Mark Carney hailed the idea in Strasbourg, and within 48 hours U.S. President Donald Trump answered by slapping 50 % duties on US$20 billion of Canadian goods, prompting retaliatory tariffs and setting the stage for a bruising debate as Canada’s Parliament reconvenes 21 September.

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