Markets and crypto are down today. Why these stocks are an unusual exception

Trump spats with China over export controls of rare earth minerals, threatening ‘massive increase of tariffs’ and triggering a widespread market sell-off.

On October 10, shares of U.S. rare earth stocks rose after President Donald Trump accused China of strict export controls and threatened a “massive increase of tariffs on Chinese products” once again. However, the comments ended up triggering a market sell-off.