Treasury Secretary Scott Bessent said he expects Trump and Chinese President Xi Jinping to still meet this month after Trump threatened to back out.

China has reported its exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high.

Arkansas Republican introduces legislation to require precautionary measure for researchers partnering with Chinese military-linked institutions.

President Donald Trump reigniting trade tensions last week, spurring new momentum for mining stocks. One in particular has gained in recent days.

Beijing’s new export controls on rare earths are designed to force the U.S. to drop its own restrictions on selling advanced computer chips to China, analysts say.

Trump in recent days spoke with senior officials, including Treasury Secretary Scott Bessent, about sending a message to the world that the U.S. wants to de-escalate trade tensions with China, according to people familiar with the matter.

New tariffs on wood products took effect Tuesday. CBS News MoneyWatch correspondent has more details, while Lana Zak has more details on how soybean farmers have been impacted by the government shutdown.

U.S. stock futures fell as China hit U.S. firms with new sanctions, reigniting trade tensions. Dow, S&P 500, and Nasdaq futures dropped up to 1.4%, while gold neared $4,200 and Bitcoin slipped 3.2%.