‘They have to give us magnets’: Trump warns of 200% tariff o

‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed

• Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.
• Trump also said that airplane parts were a key leverage that Washington has to counter Beijing’s grip on rare earths.
• “He’s bluffing. He always talks big on tariffs or potential punishment, but we shouldn’t get caught up in the rhetoric,” said Henry Wang, who serves as a counselor for China’s state council.