PolicyTrade

China Deploys Rare Earth Export Controls in Strategic Trade Move

Beijing has unveiled export controls that effectively give China veto power over products containing its rare earth minerals. The move comes as political newcomer Mark Carney navigates Canada’s complex relationship with the US and global trade dynamics continue to shift.

Strategic Trade Maneuvers Intensify

China has implemented export controls that reportedly give President Xi Jinping effective veto power over any products containing Chinese rare earth elements, according to recent analysis. The move represents a significant escalation in global trade tensions, with sources indicating it mirrors tactics the United States historically used to cement its postwar economic dominance.