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-0.000485179761327143 0.000627617856395654 0.00240809404475219 -0.00182053690259463 -0.00204309642613915 0.01398118926907 0.0228835702108529 0.0288926773465564
Stock impact report

Why MP Materials Stock Crashed on Monday [Yahoo! Finance]

MP Materials Corp. (MP) 
Company Research Source: Yahoo! Finance
ET and returning its share price to where it sat roughly 10 days ago. The reason probably has a lot to do with President Donald Trump's tariff battle with China. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » President Trump has raised tariffs on Chinese imports to about 145% over the last few weeks. China has retaliated with 125% tariffs on imports from the U.S. In light of this retaliation, MP Materials announced Thursday that it is halting shipments of rare-earth concentrates to China for processing, noting that "selling our valuable critical materials under 125% tariffs is neither commercially rational nor aligned with America's national interest." That makes sense, but it does come with a downside. According to the company's most recent annual report, one single customer in China, rare earths refiner Shenghe Resources Holding, accounted for about 80% of consolidated revenue for the y Show less Read more
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