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.
Drop last month amid overall rise in global shipments suggests bid for leverage amid trade rift
A worker waters the site of a rare earth metals mine in China's Jiangxi Province. © Reuters
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.