China Rare Earth Magnet Exports to US Drop Before Xi-Trump Meet

China rare earth magnet exports to US drop before Xi-Trump meet

These components, used in everything from cars to consumer goods, give Beijing leverage in trade Read more at The Business Times.

China Rare-Earth Magnet Exports to U.S. Drop

“China’s exports of rare-earth magnets to the U.S. fell last month, ahead of a meeting between the leaders of the countries that will probably involve discussions on flows of critical minerals,” Bloomberg reports.

China's rare-earth magnet exports to US drop 21% ahead of Trump-Xi summit

China's rare-earth magnet exports to the US fell 21% in August to 512 tonnes, deepening supply concerns ahead of the Trump-Xi summit on September

China’s rare-earth magnet exports to US drop 21% ahead of Trump-Xi summit

The decline in rare-earth magnet exports highlights ongoing trade tensions and underscores the urgency for the US to diversify supply chains. The post China’s rare-earth magnet exports to US drop 21% ahead of Trump-Xi summit appeared first on Crypto Briefing .