Critical Deals

Uncle Sam spent Monday makin’ money moves to put pressure on Russia and China. 

First, President Trump announced that he and Indian PM Modi reached a U.S.-India trade deal: 

• New Delhi will stop buying oil from Russia (India’s currently one of Moscow’s top customers), eliminate tariffs and “non-tariff barriers against” the U.S., and purchase more American goods 
• Washington will cut tariffs on Indian imports from 50% to 18%

Then, hoping to reduce America's reliance on Chinese-mined minerals, the White House announced “Project Vault,” a first-of-its-kind initiative to stockpile critical minerals used in tech (think: everything from iPhones to fighter jets).

The proposal—similar to the U.S. oil reserves—has secured $1.67B in private cash and a $10B federal agency loan. The news of the to-be-squirreled-away ores caused domestic mining shares to surge.

CHRISTIAN RESPONSE
Regardless of whether the broader economy is struggling or thriving, Christians should seek to give generously of our time, talents, and resources to those in greater need. Reach out to your local church to see where help is needed. 

“Don’t neglect to do what is good and to share, for God is pleased with such sacrifices.”
Hebrews 13:16 (CSB) (read full passage)