Trump's Threat of Financial Countermeasures Against China's Export Controls

Trump announced tariffs on Chinese imports due to export controls on rare earths and magnets.
China dominates production of rare earths and magnets critical for electronics, EVs, and military tech.
Trump called China's actions 'sinister and hostile' and warned of market clogging and financial countermeasures.
He asserts the U.S. has two of every element China has monopolized.
Export restrictions could disrupt global economy and increase risks for electronics and defense industries.
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