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Rare Earth minerals affected by China export ban used in EVs, green energy, and military tech
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Approved, Breitbart, National

Rare Earth minerals affected by China export ban used in EVs, green energy, and military tech

By John Hayward | Breitbart China has restricted the export of several crucial rare earth minerals to the United States in response to President Donald Trump’s tariff increases. The restrictions come up short of a total ban, but they will probably slow the delivery of minerals needed by defense, energy, and electronics companies. The term “rare earth minerals” is sometimes used broadly to refer to all valuable or unusual minerals, but in fact it refers to a specific list of 17 metallic elements. Fifteen of them are lanthanides, meaning they occupy a specific region of the periodic table of the elements that begins with lanthanum (atomic number 57). The lanthanides all share similar atomic structure and chemical behavior, so the grouping is not arbitrary. READ THE FULL STORY AT...
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China halts Boeing jet orders
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Approved, Fox Business, National

China halts Boeing jet orders

By Pilar Arias  | Fox Business Chinese airlines have been ordered not to take any further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs on Chinese goods, Bloomberg News reports.  Just before 7 a.m. EST, Boeing's pre-market share stock price was down 3.72%.   The aerospace company calls itself a "top U.S. exporter" that serves "customers in more than 150 countries." Boeing's year-to-date deliveries show that 18 aircraft have been delivered to nine airlines in China. The country's top three airlines – Air China, China Eastern Airlines and China Southern Airlines – have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027, Reuters reports.  READ THE FULL STORY AT FOX BUSINESS
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Trump says new tariffs on semiconductor chips coming in ‘very near future’
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Approved, Daily Wire, National

Trump says new tariffs on semiconductor chips coming in ‘very near future’

By Leif Le Mahieu | Daily Wire President Donald Trump said Sunday that he would announce new tariffs targeting semiconductors in the next week amid an ongoing trade war with China. While speaking to reporters on board Air Force One, Trump said new tariffs on electronic goods, including semiconductors, were in the pipeline. Semiconductors are used in a wide variety of electronic goods like smartphones and computers. “The tariff will be in place in the not distant future because as you know, like we did with steel, like we did with automobiles, like we did with aluminum, which are now fully on, we’ll be doing that with semiconductors, with chips, and numerous other things. And that will take place in the very near future,” Trump said, adding that the goal was to move semiconductor a...
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Desperate China pleads with E.U. to ‘Jointly resist unilateral bullying’ of Trump tariffs
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Approved, Breitbart, National

Desperate China pleads with E.U. to ‘Jointly resist unilateral bullying’ of Trump tariffs

By Simon Kent | Breitbart An increasingly desperate China on Friday pleaded with European Union (E.U.) members to join with Beijing in resisting “unilateral bullying” posed by punitive tariffs introduced by U.S. President Donald Trump. Chinese President Xi Jinping made the call as he met Spanish Socialist Prime Minister Pedro Sanchez. State news agency Xinhua said Xi had stressed the need for cooperation between the bloc and China in weathering Beijing’s mounting trade war with Washington. It came 24-hours after Australia rejected the same plea from Beijing, as Breitbart London reported. READ THE FULL STORY AT BREITBART
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US stocks fall after China slaps 125% tariff on US imports, escalating trade war
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Approved, National, New York Post

US stocks fall after China slaps 125% tariff on US imports, escalating trade war

By Taylor Herzlich | New York Post US stocks fell on Friday as China struck back at President Trump’s latest tariff with a total 125% tax — further escalating trade tensions between the two nations. The Dow Jones Industrial Average lost 254 points, or 0.6%, after plummeting 1,014.79 the day before. The index has been on a wild ride over the past week as markets struggle to absorb back-and-forth trade war news, plunging more than 4,000 points after Trump revealed his so-called “reciprocal” tariffs last Wednesday, then recovering more than 1,500 points this week after he announced a 90-day pause on most of his harsher tariffs. READ THE FULL STORY AT THE NEW YORK POST
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White House clarifies new China tariff rate of 145%, not 125%
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Approved, National, Washington Examiner

White House clarifies new China tariff rate of 145%, not 125%

By Christian Datoc | Washington Examiner President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials. Trump made headlines and shifted financial markets Thursday by announcing a 90-day pause on his reciprocal tariff agenda for all U.S. trading partners besides China, Canada, and Mexico. Throughout the pause, the administration will seek to broker bilateral agreements with more than 80 trading partners now facing a 10% tariff rate for the next three months. Canada and Mexico will still be subject to a 25% tariff rate for all non-USMCA-compliant goods, but the president bumped China’s tariff rate to 125% after Beijing placed new tariffs on American exports. However, White Hou...
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Stocks soar after strong demand in treasury auction and tariff pause
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Approved, Breitbart, National

Stocks soar after strong demand in treasury auction and tariff pause

By John Carney | Breitbart Wall Street surged Wednesday after a blowout 10-year Treasury auction helped calm fears of a financial crisis, delivering a sharp rebuke to doomsayers who predicted foreign investors would flee American assets in protest of President Donald Trump’s trade agenda, and President Trump announced a pause in tariff hikes on some countries. The Dow jumped 5.9 percent, the S&P 500 rose 7.3 percent, and the Nasdaq soared 8.9 percent, capping a dramatic rebound from a week of steep losses triggered by spiking bond yields and escalating global tariffs. The spark? A remarkably strong $39 billion auction of 10-year Treasury notes. The bonds sold at a yield of 4.435 percent, lower than expected, with a significant stop-through—a sign that investors were eager to b...
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China strikes back at Trump with immediate 84% tariffs on U.S. goods
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Approved, Breitbart, National

China strikes back at Trump with immediate 84% tariffs on U.S. goods

By Simon Kent | Breitbart China is slapping 84 percent tariffs on U.S. goods from Thursday, ramping the impost up from the 34 percent as previously announced, its finance ministry said on Wednesday. Beijing’s hurried move is just the latest shot in an international trade war sparked by U.S. President Donald Trump as he works to level the playing field for global trade after China’s President Xi Jinping refused to withdraw retaliatory tariffs placed on America, as Breitbart News reported. Last week, Trump announced reciprocal tariffs on countries that have historically imposed high tariffs on the U.S., including China, which faced a 34 percent tariff in addition to existing tariffs on its goods. READ THE FULL STORY AT BREITBART
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Trump: ‘Major’ pharmaceutical tariffs coming soon
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Approved, National, THE HILL

Trump: ‘Major’ pharmaceutical tariffs coming soon

By  Ashleigh Fields | The Hill President Trump said Tuesday his administration soon would announce “major” tariffs on pharmaceuticals, adding to the tariffs he has already imposed on most goods entering the United States from abroad. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” Trump said during a speech at the National Republican Congressional Committee. “And when they hear that, they will leave China. They will leave other places because they have to sell — most of their product is sold here, and they’re going to be opening up their plants all over the place in our country,” he added.  READ THE FULL STORY AT THE HILL
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Trump threatens additional 50% tariff on China
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Approved, National, Washington Examiner

Trump threatens additional 50% tariff on China

By Christian Datoc | Washington Examiner President Donald Trump said Monday that he would impose an additional 50% tariff on all Chinese goods if Beijing doesn’t withdraw retaliatory taxes on United States imports. Beijing responded to the president’s “Liberation Day” announcement last Wednesday with a 34% tariff on U.S. goods slated to take effect this week, which prompted Trump to raise the stakes again Monday morning. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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