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The world is reeling from Trump’s tariff war. But China plans to ‘turn crisis into opportunity’

  • China imposed export restrictions on seven rare earth elements Friday.
  • This action responded to President Trump's additional tariffs on Chinese goods.
  • The curbs target seven specific minerals and finished products, allowing control via export permits.
  • China produces 90% of global refined rare earths, and the U.S. Relies on China for about 78% of its demand.
  • The action could disrupt U.S. Supply chains for critical industries like defense and clean energy.
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T24 broke the news in Türkiye on Friday, April 4, 2025.
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