US Warns Of Fresh Tariffs If China Restricts Rare Earths

US Warns Of Fresh Tariffs If China Restricts Rare Earths

The Trump administration has warned it could raise tariffs on China if rare earth export restrictions continue. Treasury Secretary Scott Bessent said Beijing has shown unreliability despite suspending some curbs after Xi-Trump talks. He stressed the US will use "maximum leverage" to ensure supply security while aiming to de-risk, not decouple, from China.