EXPLAINER-U.S. dependence on China's rare earth: Trade war vulnerability

EXPLAINER-U.S. dependence on China's rare earth: Trade war vulnerabilityRare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers. China supplied 80% of the rare earths imported by the United States from 2014 to 2017.




from Yahoo News - Latest News & Headlines https://yhoo.it/2wzddXd

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