China to Restrict Rare-Earth Exports to U.S.
HONG KONG (Reuters) -- China is "seriously considering” restricting rare-earth exports to the United States, the editor in chief of the Chinese tabloid Global Times said on Tuesday.
Rising tensions have led to concern that Beijing will use its dominant position as a supplier of rare earths for leverage in the trade war between the United States and China. "Based on what I know, China is seriously considering restricting rare earth exports to the U.S. China may also take other countermeasures in the future,” Hu Xijin wrote on his Twitter account.
Rising tensions have led to concern that Beijing will use its dominant position as a supplier of rare earths for leverage in the trade war between the United States and China. "Based on what I know, China is seriously considering restricting rare earth exports to the U.S. China may also take other countermeasures in the future,” Hu Xijin wrote on his Twitter account.