China May rare earth magnet exports to U.S. jump amid threat of restrictions
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BEIJING (Reuters) - China's exports of rare earth magnets to the United States rose more than 20% in May from the previous month to their highest since at least 2016, data released by the General Administration of Customs showed on Tuesday, as Beijing considers restricting shipments as part of a long-running trade row.Rare earth magnets are widely used in medicine, consumer electronics and the military, although U.S. President Donald Trump in August last year signed a defence policy bill banning..