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China's Export Ban on Critical Minerals Escalates US Trade Tensions

China has banned exports of critical minerals like gallium and germanium to the US, escalating trade tensions amid ongoing restrictions from the Biden administration on technology exports to China. While the immediate economic impact may be limited, the bans could disrupt US industries reliant on these materials, particularly in semiconductors and electric vehicles. Experts warn that further restrictions could lead to significant economic repercussions and a deepening trade war between the two nations.
MIT Technology Review
United States Dollar Euro Perpetua Resources Corp. Syrah Resources Ltd AUS USA RUS CHN Seaver Wang Chris Miller Gracelin Baskaran Cory Combs Show more
Finance & Economy, News Article
10:00 06.12.2024
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