China Suspends Export of Rare Metals Amid Escalating Trade Tensions with US
In a significant escalation of the trade war with the United States, China has halted the export of several critical rare earth elements and magnets, essential for a wide range of industries, including defense and electronics. This development, effective April 14, 2025, affects shipments globally, as the Chinese government drafts new export regulations, according to a report by The New York Times.
China produces approximately 90% of the world’s rare earth elements, which are pivotal for manufacturing products from electric vehicles to military equipment. The export controls target seven categories of medium and heavy rare earths, such as samarium and dysprosium, which are vital for various technologies, including electric motors and advanced electronics.
This move is viewed as retaliation against heightened tariffs imposed by the US, which currently has only one rare earths mine and heavily relies on imports from China. Industry leaders express concern about potential supply shortages due to delays in the new licensing system for exports. The increasing restrictions underline China’s strategic ability to influence global supply chains amid growing economic tensions.
China