Trump calls Xi's rare earth move a 'bad moment'
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Think of it this way: only around 10,000 decently sized meteorites slam into Earth per year. Meanwhile, the planet is annually bombarded by as much as 40,000 tons of dust. Volume alone dictates that amino acids were attached to the latter debris instead of the former.
Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.
The unidentified stone idol appeared in the earth as archaeologists excavated an ancient fortress in present-day Armenia.
Shares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China. USA Rare Earth plummeted over 7% after markets opened, despite surging in premarket.
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it dominates, using the same playbook that allows the US to wield power far beyond its shores.
Maros Sefcovic said the measures were causing a lot of problems for European companies, as tensions continue to rise between Brussels and Beijing.
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