Trump threatens ‘massive' China tariffs as Beijing restricts rare-earth exports
1. Trump threatens massive tariffs on Chinese rare earth exports. 2. S&P 500 fell 1.5% amid renewed U.S.-China tensions. 3. China controls over 90% of processed rare earth materials globally. 4. Previous tariff negotiations led to temporary reduction, now in jeopardy. 5. Potential tariffs could exacerbate inflation, affecting consumers and the economy.