- What are rare earths? These are 17 types of special minerals, such as lanthanum, neodymium and europium. These minerals are essential for smartphones, electric cars, computer chips, military equipment and green energy. More than 80 percent of the world’s rare earths come from China.
Why did Trump impose 100 percent tariff?
Donald Trump is unhappy with this decision of China. Trump has called it China’s deception. Trump posted on his social media platform Truth Social that America will now impose 100 percent additional tariff on Chinese goods. There is already a 30 percent tariff on China. Now Trump has again imposed 100 percent tariff. This tariff will be applicable from 1 November 2025. In this way, the total US tariff on Chinese products will now be 130 percent. The impact of this will be that Chinese goods will become very expensive in America.
Why is Donald Trump angry?
Why did China provoke Trump?
Now there is also a question why China is doing this? According to sources, China is not ready to accept America’s arbitrariness. China is angry with the way Trump is bursting tariff bombs. China is also fed up with the ongoing tension with America. America has imposed sanctions on Chinese tech companies like Huawei. China believes that rare earth is its trump card in the trade war against America. He wants to teach America a lesson by using it as a weapon. However, America is now looking for sources of rare earths from Australia, Canada and Africa.
China’s new decision
However, the trade war between China and America is not new. Even during Trump’s first term, the US-China trade war was at its peak. China is the largest producer of rare earth minerals in the world. These are those materials which are very important for industries like electronics, defense and green energy. Now China has made a new rule regarding this. According to the new rules of China, now ‘special approval’ will be necessary before the export of rare earth or any product made from it.
Leave a Reply