Free Republic

China has halted exports of seven critical rare earth elements to the United States, a move that threatens to disrupt supply chains across key American industries, including automotive, semiconductor, and aerospace sectors. China’s Ministry of Commerce recently added seven rare earth elements—including dysprosium, terbium, and lutetium—to its restricted export list. These elements are essential for manufacturing high-performance magnets used in electric vehicles, advanced weaponry, and consumer electronics. NY Times reported:

President Donald Trump on Sunday insisted there will be no exemptions in the tariffs after there was some confusion when it came to electronics. 'NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!' the president posted on Truth Social. A notice released late on Friday suggested gadgets would avoid Trump's 125 percent import tax on Chinese goods and even his sweeping 10 percent global tariffs. But his administration clarified on Sunday that electronics would be subject...

Sen. Ron Johnson (R-Wis.) said on Sunday said he’s questioning President Trump’s “endgame” in his approach to tariffs, saying the ongoing “volatility” isn’t good for businesses. “One thing I learned in the private sector is unpredictability can work pretty well in the negotiation, but the private sector — businesses want certainty. They want stability. They don’t like to see volatility,” Johnson said in an interview on NewsNation’s “The Hill Sunday.” “And, so, I’ve just been questioning exactly what’s the endgame here? What’s the strategy?” he continued. Johnson called himself an “unabashed free trader” and touted what he sees as the...

The guidance that was issued also excludes flash drives and memory cards from the new tariffs President Trump exempted phones, computers and chips from his new tariffs on Friday. The guidance that was issued also excludes flash drives and memory cards. Trump has imposed 145% tariffs on imports from China. He paused further tariff actions on other countries in favor of a 10% baseline tariff.

The guidance also includes exclusions for other electronic devices and components, including semiconductors, solar cells, flat panel TV displays, flash drives, memory cards and solid-state drives used for storing data.

The bond sell-off escalated Friday to cap off one of the most volatile and unusual trading weeks in recent memory as President Trump's tariff whipsaw sent yields surging and stocks plummeting.Long-term Treasury yields ripped higher, with the 10-year yield (^TNX) surging to its highest level since February to trade at around 4.53%, a massive 66 basis point swing from Monday's low of 3.87%.According to data compiled by Yahoo Finance, the 10-year has logged its biggest week since November 2021.Similarly, the 30-year yield (^TYX) jumped 7 basis points to trade near 4.92% — the highest level since January but the biggest...

Billionaire investors are in an unfamiliar position, watching and cringing as tariffs roll on and the stock market reels.Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle — phone calls, social media and even a typically staid shareholder letter — to try to change Mr. Trump’s mind. The day after the president announced his most...

President Donald Trump isn’t playing games with Communist China anymore.Trump has unleashed a crushing 104% tariff on Communist China, effective immediately.According to Fox Business, White House Press Secretary Karoline Leavitt dropped the bombshell earlier today, confirming that the tariffs kicked in at noon ET. Why? Because China’s commie overlords refused to back down from their own retaliatory duties on American goods.According to FOX Business Network’s Edward Lawrence, the White House made the move swiftly and decisively.“White House Press Secretary Karoline Leavitt says 104% additional tariffs went into effect at noon eastern time because China has not removed its retaliation,” Lawrence...