Rare Earth Minerals Will become New Weapon in Trade War Now Between China-America

Trade War Now Between China-America

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Rare Earth Minerals Will become New Weapon in Trade War Now Between China-America

Rare Earth Minerals Will become New Weapon in Trade War Now Between China-America

The trade-war between the US and China has now grown significantly. It has not only been limited to trade between the two countries but now it has been transformed into tacit rhetoric. Angered by the trade war, the Chinese media has said to the US that it is safe to go, not to say no to warn. Indeed, China has been badly offended by the US President over the restrictions imposed by China’s largest company Hwa. On May 15, President Donald Trump signed this order and applied it with immediate effect. Apart from this, the US has also indicated to ban Rare Earth exports from China. China’s National Development and Reform Commission’s website also gave its indications.

The angry Chinese government newspaper Global Times has warned America in its article saying that they will not tolerate such things at any cost. According to USGS, between 2014-2017, China exported nearly 80 percent of the Rare Earth material used in the US. There are 17 such metals which are used extensively for civil and military use. It is worth noting that on May 10, 2019, the US had taxed up to 10-25 percent of the $ 200 billion product coming from China.

On May 20, China’s President Xi Jinping visited the Rare Earth Factory in Jiangxi Province. The media of China told her to go to this factory as a direct message to America. Indeed, at the turn of the trade where the US and China are standing, Rare Earth seems to be a major weapon. China says that if America creates this weapon, then it will be unfair repression by China by the United States. Considering the usefulness of Rare Earth, it is also called industrial catalysts.

Let me also tell you here that America relies heavily on China to build bigger things from military equipment, smartphones, jets, laser equipment, and electric vehicles. It would also be necessary to mention here that Eugen Holz had advised the U.S. government about the meaning of the real meaning and also submitted its report to the Council on Foreign Relations. It was mentioned that China Rare Earthmart has great power and it was at its peak in 2010. It has been said about reducing reliance on China on this issue. The Pentagon has also submitted its report to this.

Reuters has quoted Pentagon spokesman Lieutenant Colonel Mike Andrew, that senior army officers are working closely with President Trump on this issue. America is trying to reduce dependence from China. Considering the US, China is also considering that if the US makes weapons to it, then it can also limit its supply or reduce it. In fact, in view of the potential crisis on Rare Earth, the article published in the Global Times was not able to do the same thing as we did in the 1962 Indo-China War using Frage and the 1979 China-Vietnam War. Had mentioned.

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