China escalates US tariff war by halting rare earth mineral exports
Monday, 14 April 2025 () The U.S.-China tariff battle is heating up again, with China stopping exports of rare earth minerals and magnets. This will badly hit the manufacture of the iPhone and other Apple products outside of China.
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The war of wills between President Donald Trump and the Chinese government over tariffs was seemingly put on pause after Trump granted a set of exceptions for select tech and semiconductor produce. However, China is continuing to bite back against the U.S., without raising tariffs further.
China has placed a series of rare earth minerals and magnets on an export control list since April 4, reports Reuters. The move stops the export of the materials out of the country and into others, where they would be used to produce parts and components for various products.Continue Reading on AppleInsider | Discuss on our Forums
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The fridge poetry industry will probably weather the storm, but everything else that deals with rare earth metals and magnets is about to feel China’s export... Upworthy
Joining the trade war, launched by US President Donald Trump, China has suspended exports of many critical rare earth elements, metals and magnets. This will hit... DNA Also reported by •FOXNews.com
Voice is AI-generated. Inconsistencies may occur. President Donald Trump signed an executive order on Tuesday that launched a national security investigation... Upworthy
Monday, 14 April 2025 ()
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