US Has Bigger Leverage Over China on Magnets: Trump

PRESIDENT DONALD TRUMP said the US has more leverage over China on trade than the other way around, citing airplane parts as a key item Washington has to counter Beijing's restrictions on rare earths.

- BLOOMBERG

"We have much bigger and better cards than they do," he said on Tuesday. "If I played those cards, that would destroy China. I'm not going to play those cards."