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The United States has been implementing multiple tariffs on products from certain industries and aiming to boost domestic production in key industries. This will likely be a major political theme leading into 2024 and could have the potential to ignite growth in many US industries. Stocks in some of these industries could deliver explosive gains this year due to these changes.
Rare earth metals are vital for the production of many common devices that people use every day, yet this area has not received that much attention in 2024. Demand for these products has been ample in 2024, and there is potential room for major supply disruption since China controls the lion’s share of the market.
Based on recent political trends in the United States, US-based rare earth metals companies could be poised to deliver stellar gains in the future.
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