US President Trump launches a USD 12bln mineral stockpile to counter China, according to Bloomberg news

President Trump's initiative to establish a USD 12 billion mineral stockpile aims to mitigate reliance on China for critical resources, which may escalate trade tensions.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Vista (VIST) announces a transaction to acquire Equinor's (EQNR NO) assets in Vaca Muerta

Volkswagen's (VOW3 GY) expenses reportedly planned for the new Scout Motors factory in South Carolina will surge 50% to USD 3bln

US President Trump launches a USD 12bln mineral stockpile to counter China, according to Bloomberg news

Devon Energy (DVN) and Coterra (CTRA) to combine and create a premier shale operator

BoE's Breeden says that she's exploring an option of retail payments without cards

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This move could have significant implications across various asset classes, particularly in commodities and currencies, as it reflects a strategic response to geopolitical pressures. Watch for potential volatility in metals markets and related equities as the situation develops.

Related headlines

The whole workspace, free to try.

Try it free