in

China has responded to US tariffs attacking one of its weak points: rare earths

As expected, the Chinese government has not been left with a crossed arms before The tariffs prepared by the USA. Just 24 hours after Donald Trump releases the taxes to be applied to The importation of most products Coming from abroad, the administration led by Xi Jinping has responded. And he has done it with forcefulness.

On April 10 China will impose a 34% tariff to all imports from the US. The choice of that day is not casual. And is that the tariffs approved by the Donald Trump administration will take effect on April 9. Just a day before. Presumably the Chinese government has chosen to keep a few days of margin in the hope of reaching an agreement with its American counterpart and relax a little tension.

China has decided to press the US more than ever with rare earths

China’s response to the US does not only go through new tariffs; He has also chosen to suspend the import licenses of the products belonging to six US companies, as well as imposing more controls on the export of some rare earths. This is not at all the first time that the Xi Jinping government decides to pressure the US and its allies establishing limitations to the export of these raw materials.

In fact, on December 21, 2023 the Chinese administration decided to restrict export of some of its rare earth processing technologies, shaping a maneuver that pursues defend their strategic interests in full confrontation with the US and its allies. And at the beginning of December 2024 He chose to prohibit The export of critical minerals to the US.

On December 21, 2023, the Chinese administration decided to restrict the export of some of its rare earth processing technologies

Among them are three essential chemical elements for the semiconductor industry (Gallium, Germanio and Antimony), as well as some materials that are characterized by their extreme hardness, and which, therefore, can be used for military applications.

An important note before moving forward: Rare earths are a real treasure. To this peculiar group of chemical elements belong some metals as elusive and with names as suggestive as neodymium, promised, gadolinium, ititrium or scandio, among others. Some of them are relatively scarce, and, in addition, they are not usually found purely in nature, but what makes them so special are their physicochemical properties.

Its characteristics are beyond the reach of the other elements of the periodic table, which has caused that during the last decades they are consolidated as A very valuable resource In numerous industries, especially in those of semiconductors, electronics and renewable energies. This is the reason why rare earths They are so important to the US.

We still do not know what reach the new export controls of the rare earths that the Ministry of Commerce of China has just approved, but as soon as we have more information we will include it in this article. The cards are on the table. The US and China still have five days ahead to reach an agreement before their new taxes enter into force. We will see if they are really willing to relax the tension. Even if it’s just a bit.

Image | Lio voo

More information | CN Wire

In Xataka | The US will not be able to contain the technological development of China. Experts from the chips industry forecast it

What do you think?

Leave a Reply

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

GIPHY App Key not set. Please check settings

A 54%tariff, an iPhone of $ 2,300 and no easy output for Apple

In case they have not been rare enough in recent weeks, now a record storm is being formed in the middle of the Atlantic