Magnets Wars: Neodymium and the New Frontline of Trump’s Tariff Battle
In 2026, a quiet but high-stakes conflict is unfolding — not over oil, steel, or semiconductors, but over magnets. Specifically, neodymium-iron-boron (NdFeB) permanent magnets, the tiny yet mighty components that drive electric vehicles, wind turbines, fighter jets, and smartphones. Without them, modern industry falters, and advanced defense systems lose their edge. Neodymium magnets power EVs, […]