While China continues to kick and scream, other countries have stepped up because, after all, it's business... It's somewhat like China saying buy OM so that the U.S. loses.
ردهان
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🔴 China ruined it with the Americans 🚫 What's up? Here's the full story...
China has halted exports of important rare earth elements such as dysprosium, terbium, and yttrium — essential for the technology, defense, and clean energy industries.
The decision came in direct response to US tariffs of up to 145% on Chinese imports.
So why is this so important?
⚙️ These components are used in industries such as: - Electric cars 🚗⚡ - Smartphones 📱 - Wind turbines 🌬️ - Military technology 🛡️ - Aviation and aerospace 🚀
China is the source and responsible for approximately 90% of the global processing of these components. In other words, any halt to the export of these products will result in a significant shortage in supply and global inflation!!
What are the expected consequences for global trade?
1️⃣ Supply chain shock ⛔ - Companies in the US, Europe, Japan, and elsewhere will face delays, increased costs, or even a production shutdown.
2️⃣ Global price increases 📈 - Prices of electric cars, microchips, and renewable energy equipment are expected to rise.
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