Tuesday, July 23, 2019

The rare earths industry can weather any Chinese trade battle

Earlier this summer, the Chinese government implied that it might halt exports of rare earth elements to the United States as its next step in the ongoing trade war. These minerals serve as crucial elements in the manufacturing of a wide range of technology products, and American leaders worry that if China follows through on its threat, it will cripple the US economy and threaten national security. But these fears are misguided — there are other available sources for rare earth materials and components made from them, like Australia and Japan, that can be tapped into if China follows through on its threats.

from CNN.com - RSS Channel - World https://ift.tt/30RvxrE

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