October 16, 2025
China has escalated the trade war with the US by imposing strict export controls on rare earth minerals, which are essential components in high-tech manufacturing, electronics, and defense systems. The new regulations require government approval for all rare earth exports from China, which controls approximately 61% of production and 92% of processing globally. This strategic move directly impacts US industries that rely heavily on Chinese rare earth imports, with the US depending on China for 70% of its rare earth compounds and metals between 2020-2023.
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Read full article from source: BBC