The U.S. is taking a minority stake in an Oklahoma rare earth miner, the latest government investment in the sector as it seeks to minimize its reliance on imports of a material used prevalently in smartphones,

As US President Donald Trump primed his arrival in Davos by sowing discord with allies – ramping up threats to take control of Greenland, vowing to levy tariffs on opponents of that bid, and leaking private messages from European leaders – Beijing took the cue to position itself as an alternative global leader.

Trump made the threat in a social media post as tensions rise between the US and its northern neighbour.

Although a hard line on China was a centerpiece of Trump’s first term, he has gone soft in his second. The president has removed nearly all of the tariffs that he imposed on Chinese imports last year,

President Donald Trump on Saturday threatened to slap 100% tariffs on Canadian imports if America’s second-biggest trading partner makes a trade deal with China.