Trump trade conflict casts shadow over access to vital elements needed by technology sector
- The Trump administration's tariffs and protectionist policies aimed at China may restrict access to vital elements needed by the technology sector, including lithium and rare earth elements.
- China refines over 90% of the global supply of rare earth elements, which are crucial for products like smartphones and electric cars.
- President Donald Trump imposed 10% tariffs on all Chinese imports, prompting China to retaliate with up to 15% tariffs on U.S. Goods and more export controls.
- The International Energy Agency predicts that demand for rare earth elements will surge 72% by 2030, while supply will lag significantly behind.
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12 Articles
12 Articles
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Left
4
Center
3
Right
4
Coverage Details
Total News Sources12
Leaning Left4Leaning Right4Center3Last UpdatedBias Distribution36% Left, 36% Right
Bias Distribution
- 36% of the sources lean Left, 36% of the sources lean Right
36% Right
L 36%
C 27%
R 36%
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