Last week, China’s Ministry of Commerce published a document that went by the name of “announcement No. 62 of 2025”.
But this wasn’t just any bureaucratic missive. It has rocked the fragile tariffs truce with the US.
The announcement detailed sweeping new curbs on its rare earth exports, in a move that tightens Beijing’s grip on the global supply of the critical minerals - and reminded Donald Trump just how much leverage China holds in the trade war.
China has a near-monopoly in the processing of rare earths - crucial for the production of everything from smartphones to fighter jets.
You’re either a propaganda bot or someone facing propaganda toxicity.
You are sadly not well informed on the global trade and economics. Read my comment history. I don’t like China or Trump. Both are authoritarian regimes and fascists. I suppose that makes you in favor of China and a Chinese bot on a Western discussion board?
Ok, propaganda bot
your name, Xulai is Chinese isn’t it? You need to be more clever about faking yourself as a “Westerner” Chinese bot.