The Headlines - China Cuts Off Critical Exports, and Meta Goes on Trial
Episode Date: April 14, 2025Plus, everybody wants a bunker. On Today’s Episode:China Halts Critical Exports as Trade War Intensifies, by Keith BradsherTrump to Meet President of El Salvador, Where Deportees Face Prison, by Zo...lan Kanno-YoungsSuspect Charged in Arson at Pennsylvania Governor’s Mansion, by Edgar Sandoval, Jeremy W. Peters and Mike IvesMark Zuckerberg, Serial Witness, Will Take the Hot Seat Again, by Cecilia Kang and Mike IsaacThe “Panic Industry” Boom, by Coralie KraftTune in every weekday morning. To get our full audio journalism and storytelling experience, download the New York Times Audio app — available to Times news subscribers on iOS — and sign up for our weekly newsletter.Tell us what you think at: theheadlines@nytimes.com.
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From the New York Times, it's the headlines.
I'm Tracy Mumford.
Today is Monday, April 14th.
Here's what we're covering.
In retaliation for President Trump's aggressive tariffs, China has hit back and suspended
the export of some critical minerals and magnets.
The rare earth materials are crucial to many
auto manufacturers, tech companies, and the aerospace industry. They're used in everything
from cars to spacecraft to the chips that go in smartphones. They're also critical
to military contractors. The materials are used in drones and missiles. And there's
almost nowhere to get these materials except China.
For now, shipments have been halted while the Chinese government rolls out new regulations
on who can ship the materials where. Once that's done, China will have the oversight
in place to permanently block shipments to some companies if it wants, including American
military contractors.
How much the current suspension will disrupt the supply chain depends on how much factories
have stockpiled.
Some keep little to no extra material on hand because of how expensive it is.
But other companies started stocking up months ago, nervous about just this kind of situation.
Meanwhile…
Are there any plans for Presidents Trump and Xi to speak? Right now we don't have any plans on that. Meanwhile, there appears to be no end in sight for the trade standoff between the U.S. and
China.
The Times has learned that President Trump is open to negotiating directly with China's
President Xi Jinping, but that he's waiting for Xi to call him personally. For the moment, the Chinese government seems to be wary of that scenario.
Today at the White House, President Trump will host the president of El Salvador, Najib
Bukele, who's become a high-profile partner in Trump's deportation efforts.
The administration is currently paying El Salvador millions of dollars to jail migrants
that the U.S. sent there, claiming with little evidence that they're violent gang members.
Bukele, who's referred to himself as the world's coolest dictator, has led his own crackdown
on alleged gang members.
In the process, he's been accused of undermining democratic institutions
in his country. There have been mass arrests and jailings, often without any trials. The meeting
between Bukele and Trump comes after the administration says it sent 10 more migrants
from the U.S. to El Salvador this weekend, where they're being held in a sprawling mega prison.
Secretary of State Marco Rubio said the closer ties between the two countries have quote,
become an example for security and prosperity
in our hemisphere.
Last night, we experienced an attack,
not just on our family,
but on the entire Commonwealth of Pennsylvania here at the governor's
residence.
In Pennsylvania, authorities are investigating an arson attack on the governor's mansion
this weekend that caused significant damage to the property.
One of the state troopers assigned to our detail banged on our door, woke us up and
told us we had an emergency and needed to leave immediately.
The state's Democratic Governor, Josh Shapiro, said he and his family were forced to evacuate
the house early Sunday morning after it was lit on fire.
Officials have arrested a 38-year-old man who they say jumped a fence, evaded state
troopers guarding the mansion, and set off a homemade incendiary device.
He's been charged with attempted murder, arson, and terrorism.
Law enforcement officials haven't identified a motive yet, though Shapiro noted that the
attack came the same night that his family had hosted other members of the local Jewish
community to mark the beginning of Passover.
This type of violence is not okay.
And I don't give a damn if it's coming from one particular side or the other,
directed at one particular party or another.
It is not okay.
And it has to stop.
Today, the social media giant Meta, Facebook's parent company, will face off with the U.S. government in a landmark antitrust case.
The federal government will argue that the company broke the law when it acquired Instagram
and WhatsApp, essentially claiming it was buying up the smaller companies to illegally
try to maintain its social media dominance.
They want to force Metta to sell off the two apps.
But legal experts say it's going to be an uphill battle for the government to make its
case.
It will have to prove that Metta only became as powerful as it is because of those acquisitions.
And Metta is expected to argue that the popularity of other platforms like TikTok and Reddit
prove that there's
still plenty of competition in the marketplace. My colleague David McCabe, who covers tech
policy, says this case will be a test of the Trump administration's relationship with
Silicon Valley.
In some corners of the tech industry, there was optimism about President Trump's election
to a second term. Executives and investors had grown frustrated by the way
that regulators in the last administration
would block really big tech companies
from buying other firms.
But as President Trump begins his second term,
it does seem like the scrutiny
of the tech industry's biggest players is not letting up.
As part of the trial,
Metta's CEO, Mark Zuckerberg, is expected to testify.
In the past few weeks,
he's been trying to
lobby the Trump administration to settle the case, making several trips to the White House
and to Mar-a-Lago.
And finally, our skill set, our expertise in in secret doors and hidden doors is unparalleled.
For the last few months, I've been looking into this niche area of the economy
that I would call like the panic industry.
I always try to make my bomb shelters double as wine cellars, gun rooms, tornado shelters.
Which is basically companies around the U.S. that are catering to people who are very afraid
of things like civil unrest and pandemic and myriad of other
things.
My colleague Coralie Kraft has been covering the recent surge in people spending big on
home renovations they think will help them survive doomsday scenarios.
What I found is that these companies that build things like bunkers and panic rooms
and you know, hidden gun closets and things like that are saying that business is booming. They are getting a ton of
inquiries. I came across some really surprising installations they call them.
Like, for example, there's a family outside of Phoenix, Arizona. Off of their den in
the middle of their home, if you press a concealed button, a wall panel opens up
and reveals a gun range
inside that is stocked with weapons.
There is a company called SAFE that is building a house for a client that's in an undisclosed
location that has a moat that can be lit on fire at will.
At that location, there is also a tunnel that is essentially a giant microwave,
meaning that it can heat up as a way to, let's say, repel potential intruders.
Just truly some wild stuff that feels like they come straight out of the movies
and things I just had no idea people were building in their backyards.
Multiple people who run these companies told me that they saw a massive uptick after the pandemic.
And then like with all the political turmoil, the interest just really surged.
And what they're seeing is that people, even like middle class people, people who are more interested in spending like 20 or 30 or even $10,000 on installations in their homes to make them feel safer. They're just seeing a lot of that. And it's become kind of a huge segment of the industry,
which I think really speaks to the broadening of this market.
Those are the headlines.
Today on The Daily.
If I can't bring in that product and I run out of what's in my warehouse now,
then I no longer have revenue coming into my business. And what that means is I can no longer pay my employees, I can no longer
pay my loans, and in about six months I could very, very possibly lose my home.
An inside look at how Trump's high tariffs on Chinese-made goods are hitting one small
business in Minnesota. That's next in the New York Times audio app, or you can listen wherever you get your podcasts.
I'm Tracy Mumford.
We'll be back tomorrow.