Donald Trump threatened China with 200% tariffs if rare-earth magnet exports are curbed, jeopardizing the trade truce. Trump claimed the U.S. leverage includes withholding Boeing parts, grounding Chinese planes. China’s magnet exports to the U.S. surged recently. A Chinese analyst dismissed Trump’s remarks as a bluff. Donald Trump threatened China with 200% tariffs if rare-earth magnet exports are curbed, jeopardizing the trade truce. Trump claimed the U.S. leverage includes withholding Boeing parts, grounding Chinese planes. China’s magnet exports to the U.S. surged recently. A Chinese analyst dismissed Trump’s remarks as a bluff.
Trending
- India likely to sign USD one billion fighter jet engine deal with American firm GE by September
- Scindia, Ramdev, Kangana Ranaut among dignitaries at RSS’ centenary celebrations
- New BJP president: Is Shivraj Singh Chouhan leading the race? Agriculture minister responds
- Asia Cup: Sunil Gavaskar hits out – ‘Focus on your country, let us worryaboutours’
- UAE President arrives in Egypt for fraternal talks after concluding state visit to Angola
- How ‘intent to return’ test is crushing Indian students’ American dreams
- Giants cut Tommy DeVito: Fan-favorite released on NFL cutdown day
- Weapons, food and living quarters: IDF dismantles ‘Hamas underground tunnels’ – watch
Donald Trump gives ‘reminder’ to China while warning of more tariff
By
Add A Comment