Top Economist Warns China’s Rare-Earth ‘Chokehold’ Could Force Trump to Go Easy on Tariffs Before Meeting Xi in September
China's rare-earth dominance will stop Trump from raising tariffs before Xi's US visit in September, according to economist Steve Hanke.
China controls most of the world's rare earths—special metals used in phones and weapons—so it has bargaining power with the U.S. Some experts think this might affect trade decisions before leaders meet. Pay attention to how countries handle rare earths, as it shows who has power in trade talks.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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