President Donald Trump joins ‘Sunday Morning Futures’ to discuss China’s restrictions on rare earth mineral exports, the legality of his tariff policies and his outlook for the U.S. economy.

In a political environment where little is agreed upon, there stands one exception: China. That country is cited by nearly every national security expert as the No. 1 geopolitical threat to the U.S. The question is how to coexist without being codependent, how to compete without conflict, and how to protect American producers and consumers while China plays by its arbitrary rules.

No sooner had a meeting between President Donald Trump and Chinese President Xi Jinping been announced before China threatened U.S. access to rare earth minerals. The U.S. countered by threatening an additional 100% tariff on Chinese imports.

Most Americans could not conjure why China would make such a provocative move after both presidents agreed to meet. Surely, the Chinese government must know Trump would react. Xi has been the leader of China for well over a decade with no sign of relenting.

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Conversely, Trump is nearly a year into his final term in office. China has always played the long game, assuming Americans lack the will to wait out a prolonged contest. China thinks patience will win — that Americans can’t sustain pressure. It may wind up being surprised that patience is an overrated virtue and how quickly this administration can act.

China's President Xi Jinping gives a speech during the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People in Beijing on April 26, 2019. (Nicolas Asfouri/AFP/Getty Images)

The Trump administration has already resolved conflicts around the globe, as evidenced by its history-defying peace agreement in the Middle East. The administration has used tariffs and the threat thereof to........

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