President Trump warned of steep 200% tariffs on China if rare-earth magnet exports were curbed, raising fresh concerns over the fragile U.S.-China trade truce.
Speaking alongside South Korean President Lee Jae Myung, Trump cited airplane parts as leverage, noting China’s reliance on Boeing jets.
Rare-earth magnets are crucial for U.S. industries like automotive, electronics, and clean energy, with China controlling nearly 90% of global supply.
Analysts caution Trump’s remarks may be more bluff than policy, but tensions over critical minerals remain a flashpoint in trade talks.
#Trump #China #TradeWar #RareEarth #Magnets #Tariffs #USChinaRelations #Boeing #GlobalTrade #Manufacturing #CleanEnergy #Electronics #Automotive #TradeTalks #WhiteHouse #SouthKorea #USPolitics #TradeTruce #CriticalMinerals #EconomicPolicy #Geopolitics #SupplyChain #GlobalEconomy #ChinaExports #TrumpStatement #TradeTensions #BoeingDeal #MineralDependency #EnergySecurity #BreakingNews ~HT.318~ED.346~GR.122~
