CHINA CUTS OFF RARE EARTH MAGNETS — U.S. FACTORIES ON EDGE
China has officially halted all exports of rare earth magnets to the United States — escalating tensions in the ongoing trade war sparked by Trump’s new wave of tariffs.
Why It Matters:
Rare earth magnets are essential for:
• Electric Vehicles (EVs)
• Fighter Jets & Missiles
• Military Drones
• Smartphones & Car Electronics
• Renewable Energy Systems
The Problem:
China controls:
• 90% of global rare earth magnet production
• 100% of the world’s refined heavy-duty magnets
This gives Beijing unmatched leverage over U.S. supply chains — especially for defense and technology industries.
Impact So Far:
• U.S. auto manufacturers & defense contractors are facing critical shortages.
• Pentagon suppliers are scrambling for alternatives.
• Analysts warn of rising production costs and project delays.
The Bigger Picture:
Trump’s tariffs started the fight. China just fired back hard — weaponizing its dominance over rare earths in a global economic showdown.
Now, both sides are locked in a dangerous standoff — with global manufacturing hanging in the balance.
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#USA #China #RareEarth #TradeWar #BreakingNews
