Reported 1 day ago
China has heightened trade tensions with the United States by banning the export of critical materials like gallium, germanium, and antimony, following new technology restrictions imposed by the Biden administration. These metals are essential for various high-tech applications, including semiconductors and military equipment. This retaliatory action signals China's intent to strike back against US economic pressures, amid growing concerns in Washington over China's dominance in critical mineral supplies. The US continues to face disruptions estimated to impact its economy significantly as both nations navigate escalating trade conflicts.
Source: YAHOO