Rare Earth Stocks Surge Amid U.S.-China Trade Tensions
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BTCCSquare news:
MP Materials and USA Rare Earth shares jumped over 20% as China tightened export controls on rare earth technologies. The move, framed as a national security measure, requires government approval for exports deriving more than 0.1% of their value from such technologies. This escalation follows President Trump's retaliatory tariff hikes on Chinese goods, now set at 100%.
Rare earth minerals are critical for high-tech industries, including semiconductor manufacturing. China dominates global production, making these export restrictions a significant supply chain concern. The trade spat has injected fresh volatility into the sector, with investors flocking to domestic rare earth producers as geopolitical risks mount.
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