2026-08-19 21:15:01
Since China offered a truce in the trade war last October following its threat to deprive the United States of rare-earth magnets,
the Trump administration has been happy to stop escalating.
After all, imports from China have been falling, down by 40% in the year to June, compared with the same period in 2024.
Best to declare victory and call it a day.
But the US hasn’t won this battle
– and there’s strong evidence to show it’s afraid to really try.
Last …






