China bans rare-minerals exports to the US — threatening everything from chips to EVs

China’s testing the Biden admin’s mettle by restricting the US’s access to rare minerals used to make semiconductors, solar panels, and EV batteries. FYI: China produces about 60% of the world’s rare minerals and processes 85% of them. Beijing’s ban came a day after the Biden admin further restricted China’s access to advanced US tech. The tit-for-tat trade war between the US and China is expected to only escalate if President-elect Trump follows through on his hefty tariff proposals.

https://www.aljazeera.com/news/2024/12/4/tech-wars-why-has-china-banned-exports-of-rare-minerals-to-us

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Tech wars: Why has China banned exports of rare minerals to US?

🇨🇳 ChinA.I. 🤖🧠🦾🤖

China bans rare-minerals exports to the US — threatening everything from chips to EVs  China’s testing the Biden admin’s mettle by restricting the US’s access to rare minerals used to make semiconductors, solar panels, and EV batteries. FYI: China produces about 60% of the world’s rare minerals and processes 85% of them. Beijing’s ban came a day after the Biden admin further restricted China’s access to advanced US tech. The tit-for-tat trade war between the US and China is expected to only escalate if President-elect Trump follows through on his hefty tariff proposals.  https://www.aljazeera.com/news/2024/12/4/tech-wars-why-has-china-banned-exports-of-rare-minerals-to-us   #A Glance of China 行摄中国   #🇨🇳 ChinA.I. 🤖🧠🦾🤖

Jerome Cody

A group of likeminded people in 🇨🇳 ChinA.I. 🤖🧠🦾🤖 are talking about this.