US EditionChina halts critical material exports amid escalating trade war
- China imposed export restrictions on April 4, affecting seven rare earth elements and magnets, impacting multiple sectors.
- These restrictions responded to U.S. President Trump's tariff hikes, escalating trade tensions between the two largest economies.
- The controls require special licenses for Chinese companies and encompass elements like samarium and dysprosium, vital for defense technologies.
- CSIS warns, "The United States is particularly vulnerable for these supply chains,", threatening military readiness and defense manufacturing.
- The U.S. Is working to develop domestic rare earth supply chains by 2027, but still lags behind China's processing capabilities.
213 Articles
213 Articles
Trump signs order launching probe into reliance on imported critical minerals
(Reuters) - U.S. President Donald Trump signed an executive order launching an investigation into the national security risks of the country's reliance on imported processed critical minerals, the White House said on Tuesday.
China’s export restrictions on rare earths raise US national security concerns
China’s new export restrictions on rare earth minerals that are critical for U.S. military technology have raised national security concerns. The U.S. relies heavily on China, which supplies 70% of its rare earth imports and dominates global processing. Defense experts warn the restrictions could escalate to further trade actions, including potential bans that would disrupt vital U.S. military supply chains. The Pentagon is expanding domestic re…
Trump’s trade war puts America’s AI ambitions at risk
remotevf/ShutterstockThe global trade war triggered by US President Donald Trump earlier this month shows no signs of ending anytime soon. In recent days, China suspended exports of a wide range of critical minerals that are vital ingredients in everything from electric cars and drones to the semiconductor chips that power artificial intelligence (AI) servers. Around the same time, Trump also indicated he would soon impose new tariffs on semicon…
China cuts exports of vital rare earth minerals as trade war with U.S. intensifies
China’s leader is touring Southeast Asia and portraying Beijing as the anchor of world economic stability. Xi Jinping’s efforts come after the U.S. levied a blanket 10 percent tariff on goods coming in and steeper rates on China. Beijing is now restricting the export of minerals critical to everything from American cell phones to fighter planes. Nick Schifrin discussed more with Gracelin Baskaran.
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