Reported 1 day ago
China has implemented export restrictions on key rare earth elements in response to U.S. tariffs, affecting global supply chains for vital minerals used in defense and technology. This measure could significantly impact U.S. industries, as China produces around 90% of the world’s refined rare earths. Analysts highlight the challenge this poses for U.S. importers, who are now bracing for potential supply shortages. The move reflects China's leverage in the rare earth market amid ongoing trade tensions.
Source: YAHOO