A cargo ship loaded with containers berths at the Port of Qingdao, Shandong province. Credit: Depositphotos
China’s export controls on rare earth elements and related products have disrupted global supply chains across the automotive, electronics, and defense sectors. These measures have been at the center of ongoing trade negotiations between Washington and Beijing since May when the two sides agreed to temporarily roll back tariffs and other restrictions imposed during the escalating trade war. While President Trump has repeatedly claimed that the Chinese government has promised to lift its contro
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Walmart should be in trouble in China, where its competitors are in retreat and its sourcing operations have been criticised by both Beijing and Washington. But the American retailer seems to have found a way forward in a difficult sector and remains one of the biggest benefactors of China-U.S. trade.
The Commerce Department wants to expand export controls to majority-owned subsidiaries of Chinese companies. That could trigger cascading effects — and challenges.
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