President Trump announced he would impose a 100 percent tariff on all Chinese goods, effective November 1 or sooner, superseding existing duties. This action is a direct response to China's new regulations requiring foreign entities to obtain a license to export products containing more than 0.1 percent of rare earths sourced or processed in China. Trump characterized China's move as "absolutely unheard of in International Trade, and a moral disgrace."
China's tightening of controls over rare earth elements, of which ... download the app to read more
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