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Global spirit makers are staring down a sobering cocktail of challenges as tariffs and brand boycotts threaten to exacerbate wider shifts in drinking habits.

Tesla has spent much of the year dealing with struggling sales and a deteriorating brand. Now CEO Elon Musk has drawn the ire of the president.

The dispute concerns efforts by the Department of Government Efficiency, largely led by Elon Musk, to access sensitive data, including Social Security numbers.

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.

However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money."

Milan Kovac, Tesla's vice president in charge of Optimus humanoid robotics, announced on Friday that he's leaving the company.

Walmart announced its latest efforts at an annual gathering of store employees, managers and executives in Northwest Arkansas.