China's Rare Earths Gambit: Export Controls in Response to US Tariffs
Beijing Reacts to US Trade Measures with Strategic Restrictions on Rare Earth Elements.
In a move signaling escalating trade tensions, China has implemented export controls on certain medium and heavy rare earth materials. This action is a direct response to the US's imposition of tariffs.
The decision, announced on April 4th, follows US President Donald Trump's declaration of reciprocal tariffs on China. The Chinese Ministry of Commerce (MOFCOM) has stated that the export controls aim to safeguard national security and interests.
In a Q&A released by MOFCOM, a spokesperson explained the rationale behind the export restrictions. The announcement follows the US move to increase tariffs.
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