Hours after announcing rare earth export controls, China announced new fees on U.S. ships docking at Chinese ports, mirroring U.S. fees on Chinese vessels.
Explanation
China announced Oct. 9 it would charge U.S. ships docking at Chinese ports starting Oct. 14, mirroring new U.S. fee on Chinese vessels arriving at U.S. ports on same date. This came hours after Beijin...
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Trump announced 100% tariffs on Chinese goods. China controls 70% of global rare earth production. Who pays the tariff?
Easymultiple choiceChina controls 70% of global rare earth production and 90% of processing capacity. The U.S. military depends on Chinese rare earths for weapons systems.
Easytrue falseYou are shopping for a new iPhone. It costs $999 today. China made the components. After Trump 100% tariff, what happens to the price and why?
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