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Trump says U.S. has much bigger leverage over China on magnets
“We have much bigger and better cards than they do,” Trump said. “If I played those cards, that would destroy China. I’m not going to play those cards.”
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aljazeera.com
Trump threatens new China tariffs over magnets
The US president’s escalation comes despite a 90-day pause on increased tariffs that has already been agreed.
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cnbc.com
'They have to give us magnets': Trump warns of 200% tariff on China if exports are curbed
U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not give magnets to the U.S. amid an extended trade truce.
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fortune.com
Trump says U.S. has much bigger leverage over China on magnets
“We have much bigger and better cards than they do,” Trump said. “If I played those cards, that would destroy China. I’m not going to play those cards.”
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scmp.com
Trump’s 200% rare earth tariff threat proof of China’s leverage: analysts
A warning of higher tariffs over China’s supply of permanent magnets only shows Beijing it must protect its near-monopoly status, experts said.