The shares of American rare metal producers have risen significantly after President Donald Trump threatened China with 100% tariffs starting November 1.

The activities of American rare metal producers have recorded significant increases after President Trump threatened China with 100% tariffs starting November 1, in response to the strict restrictions imposed by Beijing. Companies like USA Rare Earth and Critical Metals have risen by over 25%. China has expanded controls on the export of critical minerals, which could affect global supply chains.