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Rare earth elements (REEs) are pretty much a Chinese monopoly with the country processing over 90% of what's used in the world. And in a tit-for-tat, China's using its dominant position to retaliate against Trump's tariffs. But will it cripple the world economy? In this edition of Money Order, we dive into the situation.
By WealthyRare earth elements (REEs) are pretty much a Chinese monopoly with the country processing over 90% of what's used in the world. And in a tit-for-tat, China's using its dominant position to retaliate against Trump's tariffs. But will it cripple the world economy? In this edition of Money Order, we dive into the situation.