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Strong Counterblow to Trump Tariffs: China Plays Rare Earths Card

By FOCUS ONLINE (Glomex) 8 April 2025 5 Views
Source: FOCUS ONLINE (Glomex)

China has announced restrictions on the export of rare earths in response to US President Trump's new trade tariffs. This move could tighten global supply and strengthen Beijing's control over exports. Europe would be less affected initially as the restrictions are mainly aimed at the US. Critical minerals like samarium, gadolinium, and terbium are affected. Rare earths are crucial for high-tech products such as semiconductors and batteries.

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