The United States announced plans to increase tariffs on China, the world’s second‑largest economy, as the trade fight over rare‑earth metals moves forward. The new levies are part of Washington’s effort to level the playing field in the market for these critical minerals, which power everything from smartphones to electric cars.
China’s mining giants produce more than 90 % of the global supply of rare‑earth elements, giving the country a strategic advantage. In recent months, the U.S. has accused Chinese firms of undercutting prices and dumping products into the U.S. market. The latest tariff hike aims to curb that practice and encourage domestic production.
U.S. officials say the move will not only protect American businesses but also safeguard national security. Rare‑earth metals are essential for advanced technologies, including defense systems and clean‑energy vehicles. By imposing higher import duties, Washington hopes to spur investment in U.S. mining and processing facilities.
Business leaders and industry groups have mixed feelings. Some welcome the boost for local producers; others warn that higher costs could spill over to consumers. Meanwhile, China has said it will not back down and may counter‑trade with its own tariffs.
The trade dispute is part of a broader rivalry between the two nations over technology, trade practices, and geopolitical influence. As both sides negotiate, the future of the rare‑earth market remains uncertain, but the new U.S. tariffs signal a hard‑line stance that could reshape global supply chains.
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