Key Takeaways Permit Delays in China Disrupt Rare-Earth Magnet Exports China's new export license rules slashed magnet exports by 50% in April, delaying vital auto components. GM and Ford cut 2025 guidance as tariffs and supply chain disruptions weigh on earnings outlook.Top global auto executives are warning of an imminent shortage of rare-earth magnets from China, essential components in systems like windshield wipers and anti-lock brakes, which could lead to U.S. car plant shutdowns within weeks.In a p ...