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#China hits back at #US #tariffs w/ #RareEarth export controls
China placed some rare earth elements under export restrictions on Friday as part of its sweeping response to #Trump's tariffs, potentially cutting the US off from critical #minerals vital to everything from #smartphones to electric car #batteries.
#economy #geopolitics #inflation #recession
https://www.reuters.com/world/china-hits-back-us-tariffs-with-rare-earth-export-controls-2025-04-04/