Markets tumble amid China’s threat to impose export controls on rare earth minerals

The news immediately caused a drop in equities and commodities, with soybeans down 20 percent in a matter of minutes.

China is currently rattling all of the markets right now. A short time ago, President Trump said China is becoming hostile and is threatening to impose export controls around the globe, on rare earth minerals.

The news immediately caused a drop in equities and commodities, with soybeans down 20 percent in a matter of minutes.

RFD-TV’s Tony St. James and market analyst Arlan Suderman of Stone X provide action and discuss what President Trump calls “a grave miscalculation.”

Related Stories
Rich Nelson with Allendale joined us to break down early planting progress, market expectations, and what producers should keep an eye on as the season moves forward.
Tight global supply is likely to keep fuel and fertilizer costs elevated.
Dr. Michael Lang-Meier, a senior author on the report, will join us live at 12 PM ET for a full breakdown of the report.
Improving dairy prices could support stronger milk checks later this year.
Strong feedlot demand keeps beef-on-dairy calf premiums elevated.
Cattle producers face mounting pressure as U.S.-Mexico trade talks resume, but expanding drought, rising input costs, and policy work to improve the long-term industry outlook.