China defends rare earth export curbs
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The Chinese government has introduced new export controls on key dual-use items, citing national security concerns. The move opened a new chapter in the ongoing trade confrontations with the US.
The United States could impose export controls on Boeing plane parts as part of Washington's response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday.
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China is the world's key processor of rare earths and a major supplier of advanced graphite. That position gives it both the responsibility and the incentive to keep export flows compliant, said Ding Rijia, a professor of economics at the China University of Mining and Technology-Beijing.
SINGAPORE] Asia-Pacific markets reacted negatively as trading resumed on Monday (Oct 13) following the latest salvo in the trade war between the US and China. Read more at The Business Times.
The GAIN AI Act, which forces chip manufacturers to prioritize U.S.-based customers, made its way into the Senate’s final National Defense Authorization Act text.
China is defending its export controls on rare earth minerals as "legitimate" after the Trump administration retaliated on the move with sweeping tariffs and export curbs. China's Ministry of Commerce says the controls,
The president said on his social media site that he is imposing these new tariffs because of export controls placed on rare earth elements by China.