China drops heavy hint it is about to pull the trigger on its most powerful weapon in the trade war
May 30, 2019

From Business Insider:

China has dropped its most obvious hint yet that it might restrict exports of rare earths to the US as a strategy in the trade war, a move that could cripple the American tech, defense, and manufacturing industries.

Rare-earth materials – which consist of 17 elements on the periodic table – are one of the most important Chinese exports to the US, as they are found in products such as batteries, smartphones, electric cars, and fighter jets. The minerals are used in tiny amounts but can be crucial to the manufacturing process.

China is the world's largest supplier of rare-earth materials – accounting for 90% of global production – and the US relies on China for 80% of its rare-earth imports, according to Bloomberg.

Continue reading at Business Insider...

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