China, Trump and Rare-Earth
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China, Trump and curb
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At Shenzhen’s WeSemiBay Expo, Huawei-backed SiCarrier and SMEE spinoff Amies Technologies unveiled new chipmaking tools, EDA software, and EUV-grade materials, as China doubles down on semiconductor self-sufficiency.
China's exports of rare earth magnets fell in September, reigniting fears that the world's top supplier could wield its dominance over a component key for U.S. defence firms and makers of items from cars to smartphones as leverage in trade talks.
The European Union is working on trade options to counter China’s planned export controls on critical raw materials should the bloc fail to reach a diplomatic solution with Beijing.
China's commerce minister has accepted an "urgent" invitation to Brussels, the EU's trade chief Maros Sefcovic said on Tuesday, as the bloc looks to unpick Beijing's restrictions on rare earth mineral exports and defuse a row over Dutch-based chipmaker Nexperia.
The EU's top economic official said the European Commission was considering countermeasures in response to Chinese curbs on rare earth exports, according to an interview with Handelsblatt published on Wednesday.
President Trump says the administration is weighing a U.S. response to Beijing’s newest restrictions.
China’s exports of rare earth products fell in September from a month earlier, as Beijing’s tighter controls on strategic minerals ripple through global supply chains and heighten tensions with Washington.
President Donald Trump embarks on multi-stop Asian tour as tensions between the U.S. and China escalate in the weeks leading up to a scheduled meeting with Chinese President Xi Jinping.