John Cornyn: “90% of [rare earth magnets] is done in China.”

“There's only two places in the United States that actually produce the motors that are made from Magnets that are produced from rare Earth, and 90% of [rare earth magnets] is done in China. But literally, this is another example of a component of the technology that goes into almost every piece of technology, certainly everything with a motorcycle in it.” (03:18–07:20)

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