Donald Trump fired the tariff arrow at China, but China has retaliated with its powerful weapon: rare earth metals. These elements are vital for modern technology, from mobile phones to Tesla cars and fighter jets. China controls 90% of the global rare earth magnet production, making it a key player in this industry. Now, China has imposed export licenses on seven crucial metals, shaking global markets. As the U.S. scrambles for alternatives, China’s dominance in refining rare earths remains unmatched. Stay tuned for more updates on this critical geopolitical story.
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