China threatens to cut off rare earth supply to US
Image Credit: shortpedia
The US-China trade war is showing no signs to slow down. Now Beijing has geared up to use its dominance over rare earth and said that products used by rare earth would not be used against the country's interest. Apart from restricting rare earth export to the US, China is also planning to implement other countermeasures. They said that the US shouldn't underestimate China's ability to fight the trade war.