🇨🇳🇺🇸CHINA HITS BACK: RARE EARTH EXPORT CRACKDOWN RISKS GLOBAL CAR CRISIS
China’s hitting back at Trump’s 145% tariffs by choking off exports of rare earths — the weird metals your car, wind turbine, and fighter jet desperately need.
That includes stuff like dysprosium and terbium which power the super-strong magnets in EV motors and defense tech.
Now the world’s scrambling — most automakers only have 2–3 months of supply left before production hits a wall.
Even Tesla’s sweating. One exec gave the crisis a “seven or eight” out of ten on the oh-no-o-meter.
China basically said: “We won’t match your tariff tantrums, we’ll just hold your supply chain hostage instead.”
Turns out rare earths aren’t rare — just really hard to mine without wrecking the planet.
And China owns the whole operation.
Good luck, free market!
Source: Daily Express