Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.
Category: Embargoes and Sanctions
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U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.
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Export Controls Are Endangering the Fragile U.S.-China Truce
Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
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Republicans Urge Trump to Put New Sanctions on Russia Amid Ukraine Strikes
A group of G.O.P. senators has grown more vocal about urging penalties on Russia for its aggression against Ukraine, offering a counterpoint to President Trump’s hands-off stance.
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G7 Finance Ministers Show Unity in Support of Ukraine Against Russia
Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.”
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Trump’s Tariffs Prompt Wave of Lawsuits
The cases are the latest test of the president’s expansive claims of executive power.
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How China Took Over the World’s Rare Earths Industry
China seized mines and built factories. Japan took note and invested in Australia. But the United States did little despite concerns about control of supplies.
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China Halts Critical Rare Earth Exports as Trade War Intensifies
Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.
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Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.
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Trump Threatens Tariffs Against Countries That Buy Venezuelan Oil
The president threatened to wield tariffs like financial sanctions, saying that countries that buy Venezuelan oil would see tariffs put on their exports to the United States.
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China Backs Iran in Nuclear Talks, Slams ‘Threat of Force’ From the West
Beijing sought to position itself as a key player in negotiations with Iran over its nuclear program, as President Trump called for talks with Tehran.
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Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.