China’s Rare Earth Export Ban: A US Chip War Backfire?
In response to expanded U.S. export controls on semiconductor technology, China announced a ban on exports of gallium, germanium, antimony, and other key high-tech materials to the United States. These materials are crucial for various technological applications, including military technology, and China is a major global supplier. The Chinese government cited the U.S.’s actions as a violation of fair market principles and a threat to global supply chains. This action represents a significant escalation of trade tensions between the two nations, with both sides claiming their restrictions are necessary for national security.
John Q. Hosedrinker