Heads-up, tech fans! Chinas Ministry of Commerce just called on the US side to level up their game in trade talks over rare earth export controls. 🤝
The ministry said the US should “correct its wrongdoings ASAP, show sincere intent, and work in sync with China.” This comes after a US claim that China postponed a proposed call to discuss export curbs on rare earths—those critical metals powering your smartphones, EVs, and solar panels.
Heres the lowdown:
- What are rare earths? Theyre a group of 17 metals essential for high-tech gear—think chips, electric motors, and green tech. 🌱
- Chinas move: China rolled out new export controls to beef up its system in line with domestic laws.
- US concerns: America wants stable access to these metals to keep gadgets affordable and factories humming.
So, whats next? The ministry urges both sides to find common ground and restore a stable vibe in trade. With global tech supply chains at stake, all eyes are on whether the US side will answer the call. 📞
Stay tuned as we track how this trade drama unfolds and what it means for your next smartphone or EV. ⚡
Reference(s):
China's commerce ministry urges US to show sincerity for trade talks
cgtn.com
