#USChinaTradeTalks
The USA and China are resuming trade talks today in London with a focus 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 cripple the US economy in a few weeks:
Processed 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!
