tip of the iceberg

“Rare earths and soybeans are only two of the sectors where an embargo by China costs jobs and incomes in the United States. They are the tip of the iceberg,” Carl B. Weinberg, chief economist and managing director at High Frequency Economics, said in a note.

The system is currently in about one in every seven cars on the road globally, but Chief Executive John Giamatteo said that might just be the tip of the iceberg.

He said the discovery was exciting and "the tip of the iceberg" when it comes to understanding why these animals live such extraordinarily long lives.

But there is still a worry that the official case numbers are merely the tip of the iceberg – and a fear of what may lie beneath the surface.

The IPO stressed that experts are warning the Labubu trend "is just the tip of the iceberg."