The official crackdown is part of #China’s retaliation for #Trump’s sharp increase in #tariffs that started on April 2.
On April 4, the Chinese government ordered restrictions on the export of 6 heavy rare earth metals, which are refined entirely in China, as well as rare earth magnets, 90% of which are produced in China. The metals, & special magnets made with them, can now be shipped out of China only with special export licenses.
#TradeWar #economy #inflation #recession
Nonilex /
npub1z6…dqah3
2025-04-13 18:42:17
in reply to nevent1q…vpe6
Author Public Key
npub1z6yad6ztjsvfu5zrhtawa96wte5kk3mj7g8e4uaj0qx9yf373uqsedqah3Published at
2025-04-13 18:42:17Event JSON
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