📉China’s Trade Reprisals May Extend to Minerals Like Rare Earths
Bloomberg reports that elements have been a feature of previous trade disputes. Germanium and gallium exports to the US already at zero.
⛔️Beijing’s ban covering sales to the US of gallium, germanium, antimony and superhard materials, and tighter controls on graphite, are likely an opening salvo in export controls that could be extended to dozens of niche materials if trade frictions with Washington escalate.
🔝Beijing is reminding Washington—including the incoming Trump administration—that it has a new arrow in its quiver. We expect a second US-China trade war in Trump’s second term. One key difference could be that Beijing escalates by using export controls in response to US tariffs.
🔝Rare earths, meanwhile, have been a feature of China’s previous trade disputes, and last year the government halted the export of a range of technologies associated with processing the elements, making it harder for the US and its allies to bolster supplies of the strategic raw materials.
📎 What Trump’s Next Trade War Could Look Like, a Guide
📎 A New World Order Is Here, and It Looks a Lot Like Mercantilism
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© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
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Bloomberg reports that elements have been a feature of previous trade disputes. Germanium and gallium exports to the US already at zero.
⛔️Beijing’s ban covering sales to the US of gallium, germanium, antimony and superhard materials, and tighter controls on graphite, are likely an opening salvo in export controls that could be extended to dozens of niche materials if trade frictions with Washington escalate.
🔝Beijing is reminding Washington—including the incoming Trump administration—that it has a new arrow in its quiver. We expect a second US-China trade war in Trump’s second term. One key difference could be that Beijing escalates by using export controls in response to US tariffs.
🔝Rare earths, meanwhile, have been a feature of China’s previous trade disputes, and last year the government halted the export of a range of technologies associated with processing the elements, making it harder for the US and its allies to bolster supplies of the strategic raw materials.
📎 What Trump’s Next Trade War Could Look Like, a Guide
📎 A New World Order Is Here, and It Looks a Lot Like Mercantilism
Read full:
⬇️⬇️⬇️
en review.uz/en/7xp
ru review.uz/en/7xp
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin