'China Vs World': US Seeks Group Response To Beijing's Rare Earth Move
17 Articles
17 Articles
'China Vs World': US Seeks Group Response To Beijing's Rare Earth Move
US Treasury Secretary Scott Bessent on Wednesday reiterated Washington's desire to build a "fulsome group response" to Chinese export controls on rare earths, including proposed talks with Indian...
Treasury Secretary Scott Bessent said the United States is pushing for a coordinated response with its major trading partners to deter China's attempt to control the global supply of rare earths.
U.S. Treasury Secretary Scott Bessent criticized Beijing's rare-earth export restrictions on Wednesday and said it's "China vs. the world."
China has responded strongly to the latest U.S. tariff threats by limiting rare-earth exports to the U.S. country. And it is that the Asian giant dominates about 70 percent of this vital market for the development of weapons and state-of-the-art technology. Agencies/LIBERTOR Sputnik. A group of 17 elements with unique properties is the apple of discord between Washington and Beijing. China—which dominates about 70 percent of this coveted market—…
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