By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.
By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.
President Trump and China’s leader, Xi Jinping, after talks on Thursday ended. Mr. Xi said to Mr. Trump that both sides should avoid falling into a “vicious cycle of mutual retaliation.”
In weaponizing its dominance over the crucial minerals, Beijing is using tactics that it once denounced, potentially alienating nations it wants to court.
In weaponizing its dominance over the crucial minerals, Beijing is using tactics that it once denounced, potentially alienating nations it wants to court.
China’s leader, Xi Jinping, is expected to meet with President Trump in South Korea next week. China has shown that it is ready to use its chokehold over rare earths against any country that stands in its way.
Connexion
