In retaliation to US tariffs, mainland China flexes its monopoly on rare earth metals again
Amidst escalating trade tensions, China's export restrictions on rare earth metals pose a new challenge to global manufacturing, particularly in the automotive and electronics sectors.
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.
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