China swiftly retaliated to the U.S.’s imposition of 34% tariffs with new export controls targeting critical minerals important for the American defense sector.
Credit: Mauritius Images/Alamy Stock Photo
Two days after U.S. President Donald Trump announced 34% tariffs on Chinese products, Beijing retaliated with new controls on critical mineral exports, targeting the American defense-industrial base as well as matching levies on U.S. imports. Effective immediately, China will require special...
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