Global Markets React to Trade Deals, Inflation Data, and Corporate Shake-ups
The U.S. secures access to Australia’s critical minerals amid trade tensions with China. Inflation holds steady in the UK as corporate news sees leadership changes and legal battles unfold across industries.
U.S. and Australia Forge Critical Minerals Agreement
According to reports from the October 25th 2025 business edition, former President Donald Trump signed an agreement with Australian Prime Minister Anthony Albanese granting America access to Australia’s deposits of critical minerals and rare earths. Sources indicate this move is part of a broader American strategy to expand reserves of raw materials and reduce supply chain dependence on China, which currently dominates global production. The report states this agreement comes as China recently tightened export controls on rare earths, prompting Mr. Trump to announce planned 100% tariffs on Chinese goods in retaliation.