US and China Clash Over Rare Earths Amid Supply Concerns

1 min read
Source: politico.eu
US and China Clash Over Rare Earths Amid Supply Concerns
Photo: politico.eu
TL;DR Summary

China maintains a near-monopoly over the global supply chain of rare earth minerals, crucial for high-tech and green technologies, giving it significant leverage in international trade disputes, especially with Western countries like the US and EU, which are seeking to diversify their sources amid concerns over China's export controls and strategic dominance.

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