By Top War
US President Donald Trump has imposed higher tariffs on imported products, and Beijing has responded in kind. Due to the trade war with the US, China has suspended shipments of some rare earth magnets and minerals.
New York Times columnist Keith Bradsher discusses these restrictions and their consequences.
The media notes that the suspension of Chinese exports of these strategic materials will cause major problems for the automotive, aerospace and defense industries on a global scale. In addition, it will hit semiconductor manufacturers hard. Rare earth magnets, which have an advantage in their technical characteristics over conventional iron magnets, are used in modern industry for the production of cars, drones, missiles and other equipment…
READ FULL ARTICLE HERE… (en.topwar.ru)
Home | Caravan to Midnight (zutalk.com)
Be First to Comment