Increase rates in the trade war: China limits exports of rare earth metals

Thus, the PRC wants to turn them into a strategic tool for influencing their opponents. "These elements have a direct impact on the development of important technologies and industries in other major markets. This enhances China's position in negotiations," said David Merriman, Project Blue Director. For example, Terbius is widely used in incandescent lamps and to improve the quality of smartphone screens. It is this metal that gives magnets resistance to temperature fluctuations.

China exports 85% of Terbium, including Japan, South Korea and the US. Yitri is necessary for the treatment of cancer and the manufacture of medical lasers. It increases the strength of alloys and is ideal for superconductors. 93% of US it is imported from China. Dysproism is used for the manufacture of magnets in wind turbines and electric vehicles. China controls most of the supply of this metal, supplying more than half of the dysproy to Japan.

Gadolinium is used in contrast agents for MRI and to increase resistance to high temperatures and oxidation in magnets. It is also necessary for the active area of ​​nuclear reactors. Luttion is the ideal chemical catalyst in oil refining, most of this metal is purchased in China. Samarius is used in super magnites and turbines, and is important for the defense industry.

Scandinium is used in the production of fighter components and has radioactive properties that make it important for oil refining. In response to Donald Trump's policy, which has introduced the highest duties on Chinese goods, China has introduced its restrictions on rare earth metals. This poses a serious threat to global supply of key materials for the high -tech industry.

According to Reuters, China is actively gathering allies, in particular in Japan and South Korea, to confront the trade war with the United States. Recall that China stopped exports of rare earth metals and related materials that play a key role in the defense, energy and automobile sectors. This decision was Beijing's response to tariffs for Chinese goods initiated by US President Donald Trump.