U.S. Trade Representative Greer: (Regarding Swiss trade) They will move a lot of manufacturing to the United States.

Energy: 1. The Trump administration lifted the ban on drilling at Alaska's oil reserves. 2. Under the guise of combating drug trafficking, the US Secretary of Defense announced the launch of Operation Southern Spear. 3. The Venezuelan National Assembly President stated that the real purpose of the US "drug war" is to plunder oil. 4. South Sudan requested $2.5 billion in advance payments from oil producers, to be repaid with future production. 5. Russia reported that Novorossiysk was attacked by Ukrainian drones, damaging ships, homes, and oil depots. 6. IEA Monthly Report: Oil demand growth is expected to slow in the fourth quarter, while supply will further increase. The 2025 global oil demand growth forecast was revised upward from 710,000 barrels per day to 788,000 barrels per day; the 2026 global oil demand growth forecast was revised upward from 699,000 barrels per day to 770,000 barrels per day. Precious Metals and Mining: 1. Argentine President Milley plans to relax glacier protection regulations and accelerate investment in Argentine copper mines. 2. China's first super-large single gold deposit with reserves exceeding 1,000 tons has been discovered. 3. Indian Government: India and Canada agreed to encourage long-term supply chain partnerships and cooperation in critical minerals and clean energy sectors. 4. National Bureau of Statistics: In October, the value added of the mining industry increased by 4.5% year-on-year, manufacturing by 4.9%, and the production and supply of electricity, heat, gas, and water by 5.4%. Agriculture: 1. US Media: The Trump administration plans to expand the scope of food tariff exemptions. 2. The US reached trade agreements with some Latin American countries involving agricultural products. 3. German Ministry of Agriculture: Following the lifting of the foot-and-mouth disease ban, beef exports to Japan are expected to resume. 4. White House: The US and South Korea will cooperate to resolve non-tariff barriers affecting trade in food and agricultural products. The US will reduce tariffs on South Korean automobiles, auto parts, timber, sawn timber, and wood products under Section 232 to 15%. 5. White House: Argentina will allow US goods that meet applicable US or international standards to enter Argentina without additional conformity assessment requirements. Argentina has already opened its market to US live cattle and has pledged to allow US poultry into its market within a year. Argentina has agreed not to restrict products using specific cheese and meat labels from entering the market.

According to South Korean customs data, South Korea's crude oil imports in October totaled 12.8 million tons, up from 11.3 million tons in the same period last year.