
Trump Threatens 200% Tariffs on China Over Rare-Earth Magnets Amid Trade Tensions
U.S. President Donald Trump on Monday warned that China could face significantly higher tariffs if it restricts exports of rare-earth magnets, a critical component for America’s manufacturing sector. Speaking at the White House after a meeting with South Korean President Lee Jae Myung, Trump stated, “They have to give us magnets, if they don’t give…