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“This is the Manhattan Project moment for rare earths,” said Joshua Ballard, CEO of USA Rare Earth, which plans next year to start making the rare-earth magnets that appear in many products.

The Indian government estimates the tariffs will impact $48.2 billion worth of exports.

The company has also shifted its technology support functions in recent months to third-party tech vendors.

Three more less-than-truckload service terminals once operated by Yellow are close to finding new owners, including two in Canada, according to a court filing.

If the EU proposes the legislation by the end of the month, then the 15% tariff rate on European cars will be back-dated to Aug. 1.

The move is part of a broader effort by the administration to take back direct control of key rail hubs along the Northeast Corridor.

The $250 million from BlackRock-managed funds and accounts will double Flexport’s lending capacity.

Trump has long been a critic of the project, which has been marred with cost overruns and constant delays, arguing that the effort has wasted taxpayers’ dollars.

Earlier in 2025, Lineage also expanded its operations in Arizona, Illinois, Kansas, Pennsylvania and Washington state, as well as in Australia, Denmark, the Netherlands and Norway.

Speaking in Mexico City, Bank of Canada's Tiff Macklem previewed some of the issues being considered in the coming review of the central bank’s monetary policy framework.