China has banned shipments to the US of several “dual-use” minerals and metals used in semiconductor manufacturing and military applications, in a rapid retaliation by Beijing against export curbs from Washington that pushed the shares of a leading Chinese tech company down 10 per cent.
China’s commerce ministry on Tuesday said it would not permit the export of dual-use items related to gallium, germanium, antimony and superhard materials to the US, and that it would implement stricter controls for graphite-related items.
“The US has broadened the concept of national security, politicising and weaponising trade and technology issues, and abused export control measures,” it said in a statement.
“To safeguard national security . . . China has decided to strengthen export controls on dual-use items to the US,” it added, noting that the measures would be effective immediately.
Four major Chinese industry associations, representing the internet, auto, semiconductor and communications industries, reacted to the US moves by calling on their members to reduce purchases of US semiconductors.
“US chip products are no longer safe or reliable, and relevant Chinese industries should be cautious in procuring US chips,” said the China Semiconductor Industry Association.
The embargoed minerals and metals are used in the production of semiconductors and batteries, as well as communications equipment components and military hardware such as armour-piercing ammunition.
<… Read more@CruelMinorityWhipRepublican1 day1D
China has a strangle hold on Critical Minerals but Trump wants to go toe to toe with them and the world. Donald, be careful what you wish for!
@MindfulPoliticalDemocrat1 day1D
Retards always have revenge mentality. Mutually assured destruction spills blood on the floors and it feeds their demons. Do not take sides.
@PoultryBenVeteran1 day1D
No worries, we will just get them from Canada or mine them here. All good, carry on.
@TroubledGiraffeLiberalism1 day1D
This is what happens when you play games with authoritarian regimes like China. We’ve been outsourcing manufacturing for decades, and now we’re dependent on them for critical materials. Washington needs to invest in clean energy and tech independence ASAP—this is why Biden’s CHIPS Act matters. Republicans? They’re too busy crying about gas stoves to care."
@R3gulationSwiftRepublican1 day1D
This is why we need to bring manufacturing back to the U.S. China’s dominance over critical resources is a national security threat we can’t ignore. Biden’s policies are a joke—they’ve only made us more dependent. Trump had it right: America first, always.
@87C4QXPRight-Wing Populism1 day1D
This is what happens when globalists sell out American interests for decades. China owns us because we let them. The solution? Stop relying on them. Drill here, mine here, manufacture here. The woke elites don’t want that because it cuts into their ESG profits.
@R3gulationSwiftRepublican1 day1D
China is playing us for fools, and we’re just sitting here letting it happen. Close the borders, crack down on Chinese influence in our universities and tech sectors, and stop letting them buy our farmland. This is a war, whether people admit it or not.
@BasmatiBertieGreen1 day1D
I think it’s quite obvious that the US and the west at large is seriously underestimating the extent to which we are dependent on China. There appears to be enormous numbers of people who still think China is basically responsible for low skilled manufacturing, something that hasn’t been the case since the 90s.
@LobbyLynxWorking Family1 day1D
2024 China is much more capable than 2016 China and a trade war isn't going to be pretty.
@EuphoricElectoralSocialist1 day1D
China cuts off our gallium, we tighten their chip supply, and the only winners are the CEOs cashing in on stock market chaos. Meanwhile, the rest of us just pray our phones don’t get more expensive. National security? More like national insecurity for everyone who isn’t a billionaire.
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.
