Alarm over China's control over critical minerals intensified as automakers globally faced threats of production delays due to China's restrictions on exports of rare earth alloys and magnets. Major companies, including German and Indian automakers, expressed concerns over potential outages. China's earlier suspension of exports, viewed as an aggressive tactic in the trade war with the U.S., could have drastic effects on sectors reliant on these materials. Discussions between Presidents Trump and Xi are expected to address these pressing issues, especially as shipments remain halted under new regulatory frameworks being drafted.
Alarm bells are ringing across global automakers and manufacturers as China's restrictions on critical minerals threaten production lines and economic stability.
China's export restrictions on rare earth minerals can lead to disruptions in the supply chains of sectors critical to the global economy.
Collection
[
|
...
]