China bans export of critical minerals to US as trade tensions escalate

03 December 2024, 9:36 pm 1 minute

Reuters was more than two minutes ahead of major rivals with news that China had banned exports to the United States of the critical minerals gallium, germanium and antimony, with immediate effect, a day after Washington’s latest crackdown on China’s semiconductor sector.

China’s move marked the latest escalation in trade tensions between the world’s two largest economies ahead of President-elect Donald Trump taking office next month and sparked fresh concern that Beijing could next target other critical minerals, including those with even broader usage such as nickel or cobalt.

Article Tags

Topics of Interest: CommoditiesEconomy

Type: Reuters Best

Sectors: Commodities & Energy

Regions: AmericasAsia

Countries: ChinaUS

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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