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President Trump saying China violated its trade deal with the US. And this comes as the Trump Administration reportedly plans to widen restrictions on China's tech sector, according to Bloomberg. Yahoo! Finances Jennifer Schonberger joins us now with the latest, Jen.

Josh, just moments ago, in the Oval Office, President Trump reiterating that China violated part of an agreement with the United States, but that he hopes to speak with Chinese President Xi, and that, quote, hopefully, we will work something out. Of course, this coming after the president tweeted something very similar overnight, and after Treasury Secretary, Scott Benson, said late Thursday that talks with China have, quote, stalled a bit. We've got a little bit of color earlier today from U.S. Trade Representative, Jameson Greer, who said that China has been reluctant to export those critical minerals, and has been slow-walking on export licenses. Of course, all of this coming after the Appeals Court granted a reprieve for the president and the White House on the tariffs. The U.S. International Court had ruled, uh, or late Wednesday evening that those tariffs were illegal under the International Emergency Economic Powers Act, the president praising the stay approval of that stay from the Appeals Court today in the Oval, saying that without tariffs, and the power and leaving tariffs unchecked, we wouldn't have a country or an economy. Take a listen.

We have a lot of countries that use tariffs on us, and use them viciously, actually, viciously. And if we didn't have the power to use tariffs on them, and instantly, not when you go back to Congress and try and get hundreds of people to agree on something, it, it would take months to get just one simple proclamation.

All of this coming during a 50-minute press conference in the Oval Office that ended just moments ago where Elon Musk was alongside President Trump, that event being billed as sort of a farewell to Elon Musk as he leaves the government. That it was made clear that, while Musk is officially leaving, he is still going to serve in, in an informal capacity as an advisor to the President. Musk telling reporters that Dodge is just getting started, and that he fully expects a trillion dollars in savings by the middle of next year. The President himself saying that he expects, uh, Musk to come and go, that this is his baby, referring to Dodge. And for those who were wondering why there was a bruise on the side of Musk's eye, well, apparently he got punched in the face by his 5-year-old, guys. Yeah, that was a bruiser, Jen, for sure.

Yeah, that was a bruiser, Jen, for sure.

Hey, touché. It, it, it's interesting, Jen, how, as you pointed out, and I wanted to ask you about this. It does feel like, as you're reading the headlines, the temperature being raised, and it feels a little bit like all of a sudden, Jen, like across the board. It's not as you point out, it was, it was just the president this morning, he goes on social media, and he's talking tough. And then you have the Bloomberg report, and then, as you noted, on top of that, you got Benson telling Fox News, an interview, publicly saying he's unhappy, he's frustrated, everything. I think he used the word stalled referring to those talks. What do you make of the kind of coordination of it? Am I reading too much into it? And what do you think comes next?

Josh, you know, it's always tough to sort of read the tea leaves on this without actually knowing what's going on behind closed doors. But it clearly appears that they're hitting a wall with China at this, but I do at this point, I don't think that the Treasury Secretary would have said that stock, the talks have stalled a bit. And so the president, knowing how he uses his playbook, is probably going back in and trying to reassert pressure on the world's second largest economy, to bring them back to the negotiating table in the way that the U.S. wants and the president sees fit. Of course, just my two cents here, looking at, as you said, how the pressure has been dialed back up here over the past week or so. And it's not just been China, right? It's been Europe as well, as we approach that 90-day, uh, mark in July. So just about a little over a month to go here though. Those negotiations still ongoing despite the legal whiplash that we've seen this week as well. And we're just gonna have to see how this plays out.