China's Rare Earths: The Key to Trade Power and Global Tensions

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Source: Bloomberg.com
China's Rare Earths: The Key to Trade Power and Global Tensions
Photo: Bloomberg.com
TL;DR Summary

China's dominance in rare earths, crucial for modern technology and green energy, has been leveraged in the US-China trade war, with China restricting exports to retaliate against US tariffs. The US is seeking to boost domestic production and diversify supply sources, but faces challenges due to limited processing capacity and high costs.

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