US and Global Markets React to China's Rare Earths Moves
TL;DR Summary
G-7 finance ministers plan a joint response to China's new restrictions on the export of rare earths, aiming to discourage China's control over the global supply, with the US seeking broader international support and potential diplomatic talks with China amid market volatility.
- Bessent Sees ‘Fulsome’ Global Response to China on Rare Earths Bloomberg.com
- China’s rare-earths power move jolted Trump but was years in the making The Washington Post
- US officials blast China's actions on rare earths, urge Beijing to back down Reuters
- 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
- Trade standoff with China deepens as Bessent insists the U.S. will 'neither be commanded nor controlled' NBC News
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