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China 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.
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India Today broke the news in India on Tuesday, April 8, 2025.
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