Scott Bessent, the Treasury secretary who is leading trade talks with China this week, said Wednesday in an interview on Fox News that the United States and China had agreed to extend a trade truce for two more months past a November deadline. The truce was struck in South Korea last year after President Trump...
China’s restrictions on exports of crucial rare-earth metals and rare-earth magnets remain one of the most difficult unresolved issues as President Trump and Xi Jinping prepare to meet this week. For months, manufacturers in the United States, Europe, Japan and India have complained about difficulties in obtaining enough rare-earth metals from China, which dominates global...
For years, China has been talking a big game about the Arctic. The country lies far from the Arctic Circle — more than 800 miles — but still, it has declared itself a “near-Arctic state.” It has teamed up with Russia on coast guard patrols in the Arctic Ocean and explored a flurry of resource and...
Smaller municipal utilities like Silicon Valley Power are getting squeezed by the artificial intelligence build-out. Although Silicon Valley Power is working on doubling its capacity, the utility can’t keep up with rising demand from its customers, such as Nvidia and Intel, that want more immediately. “All the spare capacity we may have had in the...
The Trump administration plans to announce Wednesday that it has reached a broad nuclear agreement with Saudi Arabia that could lead to the country enriching its own fuel for nuclear reactors, U.S. officials said. The accord is intended to further bind the United States with the Saudi government as the war with Iran strains the...
Oil prices climbed on Tuesday after the United States said it had carried out strikes on missile launch sites in Iran, casting doubt on the prospects of a peace deal. The strike followed signals from Israel that it planned to intensify its campaign against the Iranian-backed militant group Hezbollah in Lebanon. Iran has said any agreement would...
The Trump administration on Monday said it would repeal a Biden-era rule that allowed public lands to be leased for conservation purposes, abandoning an effort to protect millions of acres from both industrial development and the effects of climate change. The rule, issued by the Bureau of Land Management, had prioritized the use of federal...
A research arm of the Chinese government said it had published an atlas of deep-sea mineral deposits, highlighting Beijing’s ambitions to mine the ocean floor and underscoring its disputed claims to waters that neighboring nations consider theirs. Experts say the maps, in addition to pinpointing mineral deposits found in the deep ocean, give China’s military...
As public health officials declared the end of a sewage contamination emergency in the Potomac River last month, scientists feared the waterway was still in distress. More than 240 million gallons of human waste had poured into the river from a broken sewer main. Researchers went out in early March to sample the water, trying...
When Bob Hersey Jr., a Maine lobsterman, pulls up his traps, he gets more than tasty crustaceans. He’s collecting vital details about the changing ocean environment. Mr. Hersey, who also dives for sea urchins, is among nearly 150 fishermen who have installed temperature sensors on their traps or trawl nets from Maine to North Carolina...
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