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According to the note above:

This is vital for companies like Tesla, which require numerous magnets for products, especially the Optimus Robot and Robotaxi.

Notably, the USA gets 55% tariffs, while China only 10%. If true it is a winning deal.

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$at$tacker

We need Chinese students here like we need a hole in the head. They are legally required by their country to spy on us. Not to mention it's one more foreign national that takes a seat away from an American. America first.

Robert.P

Tariff = tax, who's paying the 55% ... exactly, the American consumer is paying the tariff/tax/55%. The president has just locked in a 55% price hike. Maybe I'm missing the point here, how is this good for the US consumer?