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Can China hold the world to ransom over rare earths?

  • China restricted exports of rare earth products and magnets containing them to the United States.
  • China retaliated after US President Donald Trump imposed 145% tariffs on Chinese goods.
  • These restrictions applied to natural metals critical for defense, renewable energy, and robotics.
  • China produces 90% of world permanent magnets and refines nearly all heavy rare earths.
  • This highlights global reliance on China for critical minerals impacting various high-tech industries.
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focus.de broke the news in Berlin, Germany on Thursday, April 24, 2025.
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