US-China Trade War Reignites Over Rare Earth Export Controls
World NewsUS-China Trade WarUpdated 19 hours ago

US-China Trade War Reignites Over Rare Earth Export Controls

The US-China trade war has flared up again due to China's new restrictions on rare earth exports, leading to threats of 100% tariffs from Trump. With a trade deal deadline approaching, the previous goodwill has dissipated, raising concerns about the impact on global markets and supply chains, particularly in technology and manufacturing sectors reliant on these materials.

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The US-China trade war has reignited as tensions escalate over China's new restrictions on rare earth exports, prompting Trump to threaten 100% tariffs. With just a month left to finalize a trade deal, the goodwill that once existed seems to have vanished. This situation is significant as it could impact global markets and supply chains, especially in technology and manufacturing sectors that rely heavily on rare earth materials.

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