China has
introduced strict export controls on rare earth elements — the critical
materials behind smartphones, missiles, satellites, medical devices, and modern
infrastructure.
From now on,
any country, company, or factory using rare
earths must obtain permission from Beijing.
Even if 0.1% of a component includes Chinese-origin
elements, and it's heading to the U.S. or military sectors abroad — it gets blocked.
U.S. in
Panic Mode: Without China, Supply Chains Collapse
The U.S. has
already called this move "a strike on the global system."
And it's no surprise:
— 80% of rare earths used in the U.S. are imported from China
— China controls 90% of global rare earth processing
China
doesn't just mine — it owns operations in Australia, Vietnam, Mongolia, and
Africa.
That's full-spectrum dominance.
Trump
Responds. Markets Plunge
Ahead of the
scheduled summit in Seoul between Xi Jinping and Donald Trump, this shock
announcement hit hard.
Trump stated
the meeting now "makes no sense", although he hasn't
formally canceled it.
Markets?
Collapsed.
Stock indices, tech sector, crypto — everything sank.
China just reminded the world who really controls
the keyboard.
What Do You
Think?
Is China
just asserting its trade power — or already dictating global rules?