US-China Rare Earths Dispute Sparks Global Market Turmoil
TL;DR Summary
China has expanded restrictions on rare earth minerals, crucial for technology and defense, escalating tensions with the US just before a planned meeting between President Trump and Xi Jinping. The move is seen as a strategic effort to increase leverage in trade negotiations, prompting threats of tariffs from the US and raising concerns about global supply chains and national security.
Topics:top-news#export-restrictions#global-economy#rare-earth-minerals#trade-war#us-china-relations#world
- US-China rare Earth minerals fight explained ABC News - Breaking News, Latest News and Videos
- China’s Rare Earth Restrictions Aim to Beat U.S. at Its Own Game The New York Times
- China blames US for global panic over rare earths controls 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
- Bessent Sees ‘Fulsome’ Global Response to China on Rare Earths Bloomberg.com
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