Commerce Sec. Howard let Nick is on CNBC and says that:
China chip sales were part of rare earth magnets agreementWant to keep one step ahead of what China can build so they keep buying our chips.Working hard to make sure world uses US standards for AI.Says that US not charging tariffs on raw steel just the finished item.For 80 years tariffs were on America. Industries went overseas.Trump is reversing the trend on tariffs.Trump makes the deals. He has the final say.
This article was written by Greg Michalowski at www.forexlive.com.