Tag: rareearth
Trump threatens 100% China tariffs as Beijing restricts rare-earth exports
President accuses China of ‘very hostile’ moves and says additional tariffs could come on 1 November ‘or sooner’ Donald Trump has threatened to impose additional US tariffs of 100% on China starting next month, accusing Beijing of “very hostile” moves to restrict exports of rare earths needed for American industry. Wall Street fell sharply after…
Trump trade deal shows how vital China’s rare-earth metals are to US defense firms
Draft agreement may reassure top US military suppliers after president’s tariffs flip-flopping threatened production The draft trade agreement with China announced by Donald Trump on Wednesday would ease concerns from top US military suppliers about rare-earth metals and magnets that, if cut off permanently, could hobble production of everything from smart bombs to fighter jets…