Baichuan Co., Ltd.: Its subsidiary, Ningxia New Materials, has invested in and constructed projects for iron phosphate and lithium iron phosphate products, which have now entered the production stage.

UBS Global Wealth Management: Looking ahead to 2026, UBS Group prefers the euro and the Australian dollar over the US dollar.

1. Trump Signs Executive Order to Eliminate 40% Tariff on Some Brazilian Agricultural Products – US President Trump signed an executive order on Thursday eliminating the 40% tariff imposed by the US on Brazilian food products, including beef, coffee, cocoa, and fruit. 2. Proposes Significant Expansion of Offshore Drilling, Opening Arctic Region for the First Time According to US media reports, the Trump administration has proposed a plan to open the West Coast and new Arctic areas for oil drilling, proposing up to 34 offshore lease sales, including the first sale in the Arctic region. 3. 28-Point Peace Plan Revealed: Ukraine Must Abandon Territory, Disarmament, and Permanently Withdraw from NATO According to a draft obtained by Axios and verified by Ukrainian officials, US officials, and people familiar with the proposal, Trump's 28-point peace plan for Ukraine would force Kyiv to relinquish more territory in the east, limit the size of its army, and agree never to join NATO. 4. Reorganizes Department of Energy, Eliminates Clean Energy Office – According to US media reports, the Trump administration plans to eliminate the Department of Energy's office focused on clean and renewable energy, and instead create a department focused on hydrocarbons and fusion energy. 5. Plan to deploy National Guard to Washington, D.C. halted by judge – On November 20, a U.S. federal judge temporarily halted the Trump administration's plan to deploy National Guard troops to Washington, D.C. 6. Quietly nominates Director of Firearms Bureau – Notifications show that Trump quietly nominated Robert Cekada, deputy director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), to head the agency. No confirmation hearings have yet been scheduled for the Senate. 7. Attacks Democrats urging U.S. troops to refuse to carry out orders: “Death penalty” – Trump retweeted an article on Thursday about a video released by six Democratic lawmakers. Trump wrote: “Sedition, death penalty!”