That has left businesses scrambling to find out whether that promise applies to China’s export controls on seven rare earth minerals and associated products, which were imposed on April 4 as part of its retaliation against US President Donald Trump’s “reciprocal” tariffs on Chinese goods.
tirsdag 20. mai 2025
China isn’t getting rid of its controls over rare earths, despite trade truce with US
Despite a 90-day truce in its trade war with the United States, China appears to be maintaining tight control over its rare earth exports – preserving a key source of leverage in future negotiations amid intensifying strategic rivalry with Washington. As part of last week’s trade agreement in Geneva to temporarily roll back tariffs, China pledged to suspend or remove the “non-tariff” countermeasures it imposed on the US since April 2.
That has left businesses scrambling to find out whether that promise applies to China’s export controls on seven rare earth minerals and associated products, which were imposed on April 4 as part of its retaliation against US President Donald Trump’s “reciprocal” tariffs on Chinese goods.
That has left businesses scrambling to find out whether that promise applies to China’s export controls on seven rare earth minerals and associated products, which were imposed on April 4 as part of its retaliation against US President Donald Trump’s “reciprocal” tariffs on Chinese goods.
