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.
