All articles tagged with #trade controls
China's September exports of rare earth products declined due to new export controls aimed at tightening the supply of these strategic minerals, which are vital for high-tech and military applications, escalating tensions with the US and prompting global concern over supply security.
China announced a crackdown on illegal smuggling of rare earth minerals, citing national security concerns, amid ongoing trade tensions with the US. The government accused foreign espionage and Chinese criminals of disguising and illegally exporting these critical materials used in high-tech manufacturing, as part of broader trade restrictions and negotiations between China and the US. The situation highlights the strategic importance of rare earths and the complex trade and security issues involved.