Wall Street Journal (June 3)
2025/ 06/ 04 by jd in Global News
“As exports of rare-earth magnets have virtually ground to a halt, carmakers face hard decisions about whether they can continue to keep some plants operating.” Major U.S. automakers are considering work arounds like “producing electric motors in Chinese factories or shipping made-in-America motors to China to have magnets installed.” If they do “end up shifting some production to China, it would amount to a remarkable outcome from a trade war initiated by President Trump with the intention of bringing manufacturing back to the U.S.”
Tags: Automakers, Carmakers, China, Decisions, Electric motors, Exports, Factories, Halt, Manufacturing, Plants, Production, Rare-earth magnets, Trade war, Trump, U.S.
