US President Donald Trump warned that the US could impose tariffs of up to 200% on China if rare-earth magnet exports are restricted. He claimed 200 Chinese planes were once grounded after Washington withheld Boeing parts, describing aircraft components as key leverage against Beijing’s near-monopoly on magnets. The remarks come as a fragile trade truce nears expiry in November. While Beijing analysts dismissed Trump’s threats as bluff, upcoming talks in Washington will decide whether the truce holds or gives way to renewed confrontation.