U.S. firms scramble to secure rare-earth magnets — imports from China surge 660%

cnbc.com/2025/07/21/rare-earth-magnets-china-exports-surge.html

China's exports of rare-earth magnets to the United States in June surged more than seven times from the prior month, as American firms clamor to get hold of the critical elements following a preliminary Sino-U.S. trade deal.
In April, Beijing placed restrictions on several critical…

This story appeared on cnbc.com, 2025-07-21 07:17:00.
The Entire Business World on a Single Page. Free to Use →