Yahoo Finance|1 minute read
Trump's Tactical Move: How to Hit China's Economy Where It Hurts
TL;DR
China’s economy is bracing for a potential hit from Trump’s tactics targeting rare earth elements. Analysts warn that Beijing’s reliance on these resources could backfire, leading to significant economic repercussions. Key points include:
- Strategic Vulnerability: China's rare earths monopoly is under threat.
- Analyst Insights: Experts suggest that Trump can exploit this weakness.
- Global Reactions: The G7 is scrambling to counteract China's leverage.
Here's the full scoop.