Trade tension between China and the United States flared this week.
Rio Tinto CEO Jean-Sébastien Jacques said he hopes China and the U.S. can resolve their trade issues.
Close U.S. allies will get initial exemptions from looming metal tariffs from the Trump administration.
The $1.3 trillion spending legislation now only awaits President Donald Trump’s signature.
“Hold on to your seats for a year ahead that is fraught with risk,” says the non-partisan Atlantic Council.