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Business News/ Videos / China hits back against Western sanctions | Mint Primer | Mint

China hits back against Western sanctions | Mint Primer | Mint

As the US-China trade war intensifies, China wields its control over rare earth minerals as a potent tool against American pressure. Recent export controls on metals used in semiconductors signal a deliberate retaliation. China's new laws, like the unreliable entities list and export-control law, are operational and impacting Western firms. Green-energy tech manufacturers heavily relying on China's supply chain face uncertainty, with proposed export bans on solar-panel technology. Chip metal restrictions pose challenges for the US defence industry. However, China must tread carefully as potential blowback could affect its own commerce. #uschinatradewar

 
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