
Trump Threatens 200% Tariffs on China Over Rare-Earth Magnets
President Trump threatened a 200% tariff on Chinese goods if Beijing curbs rare-earth magnet exports, escalating U.S.-China trade tensions. These magnets are vital for EVs, military hardware, and more, with China dominating 90% of the market. This bold move risks supply disruptions and higher costs, underscoring the need for diversified U.S. supply chains.
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