President Donald Trump’s whiplash tariff policy is top of mind for US investors and consumers to start the week. Meanwhile, the administration is aggressively pursuing its immigration crackdown, and nuclear talks are progressing with Iran.

Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

After the US president hit China with tariffs of over 100%, Beijing retaliates with higher taxes on American imports.