U.S. Risks ‘Devastating’ Blow From China’s Rare Earths Monopoly

Beijing’s threat to use its dominance of rare earths in the trade war risks serious disruption to U.S. industry, by starving manufacturers of components commonplace in everything from cars to dishwashers and military equipment. And, it’s a stranglehold that might take years to break.

FULL STORY: https://www.bloomberg.com/news/articles/2019-05-29/u-s-risks-devastating-blow-from-china-s-rare-earths-monopoly

Leave a Reply

Your email address will not be published. Required fields are marked *