Trump Trade: Trump tells Iran to make deal ‘before is too late’

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly:

IRAN NUCLEAR DEAL: President Donald Trump stated in a post to Truth Social, “I gave Iran chance after chance to make a deal. I told them, in the strongest of words, to ‘just do it,’ but no matter how hard they tried, no matter how close they got, they just couldn’t get it done. I told them it would be much worse than anything they know, anticipated, or were told, that the United States makes the best and most lethal military equipment anywhere in the World, BY FAR, and that Israel has a lot of it, with much more to come – And they know how to use it. Certain Iranian hardliner’s spoke bravely, but they didn’t know what was about to happen. They are all DEAD now, and it will only get worse! There has already been great death and destruction, but there is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end. Iran must make a deal, before there is nothing left, and save what was once known as the Iranian Empire. No more death, no more destruction, JUST DO IT, BEFORE IT IS TOO LATE. God Bless You All!”

This morning, the President also said via Truth Social that, “Two months ago I gave Iran a 60 day ultimatum to ‘make a deal.’ They should have done it! Today is day 61. I told them what to do, but they just couldn’t get there. Now they have, perhaps, a second chance!”

Of note, Israel military official said on Thursday that the country was striking “dozens” of nuclear and military targets.

RARE EARTH PLAN: The Trump administration is working on a plan to invoke Cold War-era powers to support rare earth projects considered vital to national security, Joe Deaux, Jenny Leonard and Jennifer Dlouhy of Bloomberg reported, citing people familiar with the discussions. Officials are weighing the use of the Defense Production Act to unlock funding, loans, and other resources for initiatives related to mining, processing, and downstream technologies, all aimed at strengthening the U.S. rare earth supply chain. A final decision on the strategy and timeline has not yet been made, the sources said. MP Materials (MP) would be “a prime beneficiary” as Deputy Defense Secretary Steve Feinberg is working to line up funding for the company, according to the sources.

UNREST: Dozens of law enforcement officers from multiple agencies responded Thursday to a reported disturbance at Delaney Hall, a private immigration detention center in Newark, The New York Times’ Tracey Tully, Luis Ferre-Sadurni, and Mark Bonamo report. Operated by the GEO Group (GEO), one of the nation’s largest private prison companies, the facility holds up to 1,000 migrants under a contract with the Trump administration. The incident follows a previous clash outside the center last month, which resulted in the Justice Department charging New Jersey Democratic Representative LaMonica McIver with assault.