Categories: Business & Economy

China tightens exports of rare earths and related technologies

China announced it was tightening exports of rare earth technologies, widening restrictions that had been a source of tension between Beijing and Washington.

Technologies related to the extraction of rare earth minerals, the manufacture of magnets and the recycling of rare earths are prohibited from export unless authorized, according to a notice published Thursday by the Ministry of Commerce.

China has called on the United States to roll back “unreasonable” tariffs and create conditions for expanding trade. Xi is also renewing his push for the United States to change a decades-old phrase describing its stance on Taiwan and say it opposes independence.
In a call with Trump last month, Xi urged the U.S. president to avoid restrictive trade measures and called for a “fair and non-discriminatory” environment for Chinese companies to invest in the United States. Trump said at the time that there had been progress on trade, fentanyl, the war in Ukraine and the TikTok deal.

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