Thursday, December 9, 2021

General Motors returns to rare earth magnets with two US deals

General Motors Co plans to source rare earth magnets for its future electric vehicles from new U.S. -based manufacturing facilities under two separate deals announced on Thursday, a return to an industry the automaker had all but abandoned in the 1990s.

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Apple, Nvidia Score Relief From US Tariffs With Exemptions

Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs. The exclusions apply to ...