Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.

https://archive.ph/Gt15t

  • Anomalocaris@lemm.eeEnglish
    1·
    23 hours ago

    the US already bans lots of expensive Chinese products like cars or tech. and the US isn’t as a strong market anyways.

    they are big enough to influence the market, but definition not even close to dictate it.

    the only ones who will suffer by American autarky are Americans