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
The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
Egg prices have been on a roller coaster this year, soaring sky-high and falling back down to Earth in just a few months.
According to the latest Cattle on Feed report, drought brought placement numbers lower.
Russia has carried out missile attacks across cities in Ukraine, including its capital Kyiv.