Soybeans were the number one U.S. agricultural export, worth about $24.5 billion and more than half of it was bought by China.

China retaliates against Trump’s recent 100% tariff threat, potentially leaving the “TikTok USA” agreement on the cutting room floor. At the eleventh hour, it’s not looking good for the future of TikTok in the United States.

China provides the majority of rare earth elements, which are critical to U.S. economic competitiveness and defense. A factory in North Carolina is part of an effort to process rare earths at home.

China’s Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at U.S. President Donald Trump's effort to rebuild the industry in America.

Shares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China. USA Rare Earth plummeted over 7% after markets opened, despite surging in premarket.

USA Rare Earth stock surges 17% on Monday amid geopolitical optimism, but easing US-China tensions may curb gains.

This week, the Chinese National Space Agency (CNSA) and NASA coordinated for the first time to avoid a collision in what could be the first steps toward building a space-based flight control system. As satellite megaconstellations crowd low Earth Orbit, this kind of collaboration will likely become increasingly necessary in the coming years.

The key factors that pushed the broader market lower today were the same ones that powered big gains for USA Rare Earth stock. China plans to cut down on its export of rare-earth minerals to the U.S., but that could present a big opportunity for USA Rare Earth.

USA Rare Earth shares closed near $31 last night, but are up 5.3% through 10:45 a.m. ET today. Yesterday, Roth analyst Suji Desilva thought USA Rare Earth stock was worth only $20; today, $40.

As for the acquisition, the company bought Less Common Metals ("LCM"), a British firm focused on the rare metals space. USA Rare Earth paid $100 million in cash plus 6.74 million shares of its common stock for the acquisition. Based on the then-prevailing price of USAR stock, this amounted to total consideration of $217 million for LCM.

W HEN HE FIRES his trade weapons at China, President Donald Trump often appears to shoot from the hip. Officials in Beijing, by contrast, are said to deliberate much more, convening high-level meetings among ministries and regulators to determine their country’s next steps.