Even as global trade reels under the impact of the Trump administration’s tariffs, countries are in for another jolt from the other end of the world. In response to the US tariffs, mainland China has imposed its own limitations on exporting various medium and heavy rare earth metals, a sector in which it holds a dominant position.
According to reports, mainland China controls more than 90% of global rare earth metal production. These key metals are used in almost all manufacturing industrie...
AutoTechInsight