China rare-earth magnet exports to US tumble 30%

Drop last month amid overall rise in global shipments suggests bid for leverage amid trade rift

20251020N Rare Earth mine

A worker waters the site of a rare earth metals mine in China's Jiangxi Province. © Reuters

SHUNSUKE TABETA

BEIJING -- China's exports of rare-earth magnets to the U.S. dropped sharply again last month, in what appears to be an effort to rattle Washington amid trade tensions that have escalated with export curbs by Beijing and U.S. threats of retaliation.

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