- China offers complete industrial supply chain and vast market, while a push toward intelligent manufacturing is boosting corporate confidence.
- Chinese authorities required permission for rare earth exports, leading to shortages, tariffs, and trade tensions affecting global supply chains.
China, leveraging its rare earth monopoly, is facing scrutiny over its erratic tariff policies and ongoing strategic rapprochement.
2 reports, 2 independent
Updated May 27
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What happened
China, leveraging its rare earth monopoly, is facing scrutiny over its erratic tariff policies and ongoing strategic rapprochement.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Companies are securing rare earth supply chains outside of China, focusing on European and Austrian projects.Sub-event
China leverages its rare earth monopoly and erratic tariff policies amidst strategic rapprochement.1 source
Keep exploring
Part of
Chinese authorities required permission for rare earth exports, leading to shortages, tariffs, and trade tensions affecting global supply chains.Also in this story
- China is leveraging its control over rare earth exports and magnet production to gain economic leverage and use them as a bargaining chip.
- China agreed to allow rare earth exports on June 28, 2025.
- GM secured a multi-year agreement with Vacuumschmelze for rare earth magnets following China's export controls.
- The Metals Company is seeking non-Chinese sources for critical minerals while navigating the regulatory hurdles set by the International Seabed Authority amid China's control.
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- Trump seeks an agreement to prevent nuclear proliferation with Iran, while China floods global markets with subsidized products.
- US and Chinese leaders held high-level talks, pausing trade war agreements, discussing AI, and addressing rare earth needs.
- Shifting diplomatic tone between the two nations regarding global power dynamics and economic competition.
- The trade war between the US and China is ongoing, leading to a state of co-existence as two major global powers.
- Leaders Xi Jinping and Donald Trump meet to discuss the global strategic rivalry between their powers, focusing on trade, security, and AI.