Tag

Rare Minerals

All articles tagged with #rare minerals

economy1 year ago

China's Rare Mineral Ban Threatens US Tech and Economy

China has banned the export of key rare minerals, including gallium and germanium, to the United States, citing national security concerns. This decision is expected to cost the US economy $34 billion over a decade, as these materials are crucial for semiconductor production and other technologies. The ban escalates tensions between the two nations and could disrupt supply chains, increase costs, and impact industries reliant on these materials, such as electronics and electric vehicles.

international-trade1 year ago

China's Strategic Leverage: Rare Minerals in US Tech War

China has banned the export of key minerals like gallium and germanium to the US in response to American export controls on Chinese technology, escalating the trade rivalry between the two nations. These minerals are crucial for semiconductor production and military applications, and China's move aims to safeguard its national security while challenging US efforts to limit China's technological advancement. The US is assessing the impact and exploring ways to diversify its supply chains away from China.

international-trade1 year ago

China Escalates Trade Tensions with Rare Mineral Export Ban to US

China has banned the export of key minerals like gallium and germanium to the US in response to American export controls on Chinese technology. These minerals are crucial for semiconductor production and military applications. The move is part of the ongoing US-China trade rivalry, with both nations taking steps to protect their national security interests. The US is assessing the impact, as China dominates the global supply of these minerals, potentially affecting US defense and technology sectors.

international-trade1 year ago

China Retaliates Against US with Rare Mineral Export Ban

China has announced a ban on the export of certain rare minerals to the U.S., including gallium, germanium, and antimony, in response to U.S. export controls on chip manufacturing equipment. These minerals are crucial for semiconductor production and other advanced technologies. The move is part of a broader technological rivalry between the two nations, with both framing their actions as matters of national security.