In the latest edition of WSJ’s Take On the Week podcast, we look at why rare-earth magnets are at the center of U.S. trade talks with China. We also take a look at inflation ahead of this week’s consumer-price index report,

China's outbound shipments of rare earths in May jumped 23% on the month to their highest in a year, though Beijing's export curbs on some of the critical minerals halted some overseas sales, with shortages rippling through global manufacturing.