Last update: Crux India
While Donald Trump’s tariffs of Trump rose to 125 percent in Chinese products, Beijing retaliates not only with reciprocal words or rates, but with something much more powerful: rare earth elements. China imposed export restrictions on seven heavy and medium rare earths, some of which are criticism for US defense systems. They are also within electric vehicles, smartphones, medical devices and satellites. 00:00 When supply chains collide 01: 10 What is being blocked? 01: 33 The delay that costs the world01: 53 made in China, stagnant everywhere 02:54 Tactical trade 03:08 Squeeze Points03: 29 DecouocingCingel