"Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!"

Wall Street is wondering if Trump's tariff threats on China following its rare earth export crackdown have teeth.

Stocks had been heading for a slight gain in the morning, until Trump took to Truth Social. and said he’s considering “a massive increase of tariffs” on Chinese imports.