#USChinaTradeTalks The USA and China resume trade talks today in London focusing on the export of rare earth elements.
The USA has many levers of influence - semiconductors, jet engines, software, ethane, tariffs, and so on - but China has what could devastate the US economy in a matter of weeks:
Refined rare earth minerals and products made from them.
For example, China produces virtually all permanent magnets in the world, without which no car can be manufactured in the USA!