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the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is the second trip by a cabinet official to china since ties between the world's two top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was imposing export controls on two rare metals essential for making semiconductors. this is seen as a tit—for—tat response after the us, the net...

beijing. china has slapped export controls on two rare metals used in the manufacture of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium. china is a major producer of both. from august, exports of these metals will require a licence. michelle fleury has more. us treasury secretary janet yellen is headed to berlin, and hers is the second trip by a cabinet official to china since ties between the world's two top economies deteriorated earlier this year. her goal is to study the relationship, but she has got her work cut out for her....

till 2024 till the race for the white house is set to kick up into a near gear for new year. president biden's reelection campaign will step up events piping up for white house this christmas. record setting migrant surge at southern border. welcome to fox news live. aalicia. >> i'm brian. no time off for gop primary candidate this is holiday season the iowa caucuses front runner with early stocking stuffer and going to fast track former president trump's immunity claim in election interference claim. alicia: we begin with alexandria hoff live in washington with more on president bid...

powerful quake that sent tremors across the entire region. the magnitude 7.8 quake struck before day break in southern turkey nearly the border with syria. the quake and aftershocks collapsing buildings. now a desperate search and rescue efforts under way to find people trapped in piles of rubble. cnn's scott mclean joins us from london. scott, this is one of the strongest quakes to hit turkey in a century, what do we know? >> reporter: that's right, this part of the turkey, christine, used to earthquakes but nothing like this. this happened in the middle of the night, so people were...

this is "gps", the global public square. welcome to all of you in the its and around the world. i'm fareed zakaria coming to you from new york. today the on the program, we'll bring you the latest on the suspected chinese spy balloon. then, we'll move to the economy. but for a change, it might not be bad news. >> we have some very good news about the american economy. >> the imf global outlook is less gloomy than it was a few months ago. and then the fed said it wasn't ready to declare victory on inflation, but it is cooling. i will ask larry summers if he agrees. also, crime...