Screws from Taiwan hold together countless everyday American goods. But Trump’s tariffs are threatening the island as a manufacturing leader of the tiny, yet essential, components.
Category: Metals and Minerals
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Gold Prices Jump to Record High Following Surprise US Tariff Ruling
Some of the most widely used types of gold bars would be subject to U.S. tariffs, customs agency officials ruled, a particular blow to Switzerland’s large gold refining industry.
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U.S. Steel Producers Raise Prices After Tariffs Stymie Imports
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports.
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Trump’s Copper Tariff Threat Leaves Companies Scrambling
President Trump wants America to produce more of the much-needed mineral, but a 50 percent tariff could undermine his aim of a manufacturing renaissance.
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China Has Paid a High Price for Its Dominance in Rare Earths
Dust and groundwater contaminated with heavy metals and radioactive chemicals pose a health threat that the authorities have been trying to address for years.
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China’s Rare Earth Origin Story, Explained
Low environmental standards helped China become the world’s low-cost producer of rare earths, but Beijing was also focused on helping the industry.
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Trump’s Trade and Tax Policies Start to Stall U.S. Battery Boom
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.
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China’s Grip on an Obscure Rare Earth Metal Threatens the West’s Militaries
China produces the entire world’s supply of samarium, a rare earth metal that the United States and its allies need to rebuild inventories of fighter jets, missiles and other hardware.
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China Allows Limited Exports of Rare Earths as Shortages Continue
Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.
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How Higher Tariffs on Steel and Aluminum Will Affect Companies
Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies could charge customers more.
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What to Know About China’s Halt of Rare Earth Exports
Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.
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U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.