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The U.S.-China trade truce in Geneva earlier this month hinged on Beijing agreeing to resume crucial mineral exports. Now China is slow-walking the concession, and the pact is in jeopardy. W/Gavin Bade Brian Schwartz wsj.com/world/china/u-… via The Wall Street Journal

This only applies to goods exempted from Trump's first term China tariffs (nothing to do with fentanyl or reciprocal tariffs from recent months). Also it was announced on Saturday, when the exemptions were set to expire. These accounts just getting ahold of it now.

Beijing’s agreement to temporarily restore rare-earth licenses was a breakthrough in the latest #USCHINA trade talks, but the 6-month limit illustrated how each side is retaining tools to escalate tensions again. w/Gavin Bade Brian Schwartz wsj.com/world/china/be… via The Wall Street Journal

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🚨🚨Bessent says reciprocal tariff pause could be extended for some nations, Brian Schwartz from his comments on the Hill Hammers home the difficulty in negotiating over a dozen trade deals at the same time, as well as legal uncertainty over IEEPA tariffs.

Hitting CSPAN at 8am to take your calls on trade and economics!

Wall Street Journal trade and economic policy reporter Gavin Bade (Gavin Bade) joins us to discuss the latest in U.S.-China trade talks and overall Trump administration tariffs agenda. LIVE: tinyurl.com/yhxdvve5

Really went on tv and said there are potholes in the road that the “ship of state” could hit. It wouldn’t be a morning interview without a mixed metaphor!

Small correction to my comments here: Most recent PIIE estimate has US average tariff on China at 51% piie.com/research/piie-… Believe I quoted an earlier estimate on the air this morning

BESSENT coins a new phrase at Senate Finance: "tariff derangement syndrome"

Asked President Trump if the US was given any kinds of heads-up ahead of the operation. "Heads-up? It wasn’t a heads-up. It was, we know what's going on." POTUS said he spoke with Israeli PM Netanyahu yesterday and plans to speak with him again today: wsj.com/livecoverage/i…

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Powell: If not for the expectations of higher inflation this year from tariffs, "we would have continued cutting."

Trade deals are proving elusive for Trump. The standoff with Japan shows why. ⁦Gavin Bade⁩ ⁦Brian Schwartz⁩ wsj.com/economy/trade/…