Tensions Rise as China Uses Rare Earths to Challenge U.S. and Global Markets
TL;DR Summary
China's new export controls on rare earths are prompting a global response, with countries like the US, Europe, and Australia seeking to diversify supply chains and form coalitions, marking a shift in the US-China trade tensions and highlighting the strategic importance of critical minerals.
- Xi Rare Earth Shock Gives Trump Chance to Win Back US Allies Bloomberg.com
- China accuses U.S. of deliberately causing panic over rare earth controls, says it is open to talks CNBC
- Xi Is Never Giving Up His Newfound Leverage Over Trump Bloomberg.com
- Global markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most’ if it doesn’t surrender Fortune
- G7 agrees to keep united front on China export controls, diversify suppliers Reuters
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