Rare Earth Stocks Decline As US-China Trade Tensions Persist
1. MP Materials fell 1.2% after initially surging 12.9% premarket. 2. U.S.-China trade tensions escalate with new port entry fees. 3. China's export controls on rare earths increase market volatility. 4. Treasury Secretary criticized Beijing's actions, signaling economic weakness. 5. Overall market decline reflected broader uncertainty in rare earth sector.