As U.S. and Chinese officials concluded trade talks this week, new data shows massive tariffs drove Chinese imports to their lowest levels in more than five years. U.S. tariffs on Chinese goods topped out at 145% in April when the Census Bureau collected trade data that showed a continuing decline in Chinese imports from March.

Private market funds have been underperforming, according to State Street’s latest private equity index, The Financial Times reports. The index, which tracks cash flows from private equity, private debt and venture capital funds, returned 7.08 percent last year, versus the S&P 500’s total return of 25 percent.

The Big Money Show' co-host Taylor Riggs joins 'Fox & Friends First' to discuss the significance of rare earth minerals, where the U.S. has the 'upper hand' with China trade talks and more.