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
Hiring may ease slightly, but labor shortages remain persistent.
Price volatility is driving shifts in demand and supply innovation.
RealAg Radio host Shaun Haney explains shifting global trade dynamics and what they could mean for agriculture and energy markets.
Rising diesel and energy costs are squeezing farmers and rural communities, increasing production expenses and raising concerns about consumer demand for beef even as U.S. meat exports regain the Australian market.
Farm Bureau economist Danny Munch discusses the USDA’s request for feedback on data and research, how such requests work, and what farmers should know about submitting comments before the Thursday, April 9 deadline.
Overall, the report suggests a shift toward more comfortable supply levels, with demand emerging as a key factor to watch in the months ahead.

LATEST STORIES BY THIS AUTHOR:

Monty’s proprietary humic technology makes their product the most active and soluble available in the marketplace, and is formulated to the ideal humic to fulvic ratio to maximize yields and success.
This 24/7 satellite radio channel, found exclusively on SiriusXM, is the home of original radio programming dedicated to the needs and interests of rural America.
RURAL RADIO Sets New Guinness World Record at Indianapolis Motor Speedway for World’s Largest Parade of Pickup Trucks