trade war
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
12/04/2024
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By Ethan Huff
Beijing fights back against U.S. economic “bullying” after Washington restricts chipmaking exports to China
The U.S. Department of Commerce announced an export ban to China this week that covers 24 different types of microchip manufacturing equipment, prompting Beijing to issue a statement that “necessary measures” will now be taken to safeguard China’s semiconductor industry. The Commerce Department under President Biden will no longer allow the equipment, which includes three […]
07/10/2023
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By Arsenio Toledo
China enacts export restrictions on two crucial metals amid escalating trade war with US
China has just instituted massive export restrictions on two metals – gallium and germanium – necessary for the manufacturing of crucial technologies. According to a notice by China’s Ministry of Commerce and General Administration of Customs, the export controls will come into effect on August 1. These restrictions also include several of their compounds. The communist nation said […]
05/29/2023
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By Olivia Cook
China bans critical industries from purchasing Micron products for failing “cybersecurity review”
China is banning major Chinese firms from purchasing products from American semiconductor company Micron Technology, claiming the company’s products failed to pass a cybersecurity review. The decision came amid a dispute over semiconductor technology between Washington and Beijing, which could affect other sectors of the economy, ranging from telecons to transport and finance. (Related: US […]
10/18/2022
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By Ramon Tomey
Experts: Semiconductor ban accelerates severing of US-China ties
Experts believe America’s semiconductor ban on China has accelerated the severing of ties between the two countries. The U.S. Department of Commerce issued the ban on Oct. 7, which put in place new export restrictions on advanced semiconductors and chip-manufacturing equipment bound for mainland China. The new rules sought to prevent the Chinese Communist Party (CCP) from […]
05/22/2019
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By Ethan Huff
China’s rare earth minerals export ban will collapse the telecom industry and all “green” power, including solar and wind turbines
In potential retaliation against President Trump’s tariffs and other trade war tactics, China could be on the verge of banning all rare earth mineral exports to the United States, which would immediately cripple a number of critical tech industries. Among the five “nuclear” options that Zero Hedge says China currently has at its disposal to […]
05/21/2019
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By JD Heyes
Will China retaliate against POTUS Trump’s tariffs with ban on rare earth materials? “Green energy” production could be sharply impacted
Without question, U.S. industrial and technology production under POTUS Donald Trump’s administration has grown by leaps and bounds, thanks to his business-friendly policies of cutting regulatory red tape and corporate taxes. However, the president’s strategy of putting financial pressure on China in order to produce a better trade arrangement through the steady imposition of tariffs […]
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