Macro Finance
China Is Exporting 20% Fewer Magnets to US Despite Trade Truce
Bloomberg Markets·July 20, 2026·1 min read
China's shipments of rare-earth magnets to the US remain 20% below pre-trade war levels despite last year's truce, underscoring concerns in the Trump administration about Beijing's adherence to that agreement. The reduced exports highlight ongoing tensions in US-China trade relations, with the US questioning China's commitment to the trade deal.
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