InnovationTechnologyTrade

US Weighs Sweeping Software-Based Export Restrictions Against China in Rare Earth Dispute

The Trump administration is reportedly considering broad restrictions on exports to China that contain or were produced using US software. This potential escalation comes in response to China’s expanded rare earth export controls and could affect everything from consumer electronics to aerospace components.

Potential Software Export Restrictions

The Trump administration is reportedly weighing unprecedented export controls that would restrict shipments to China of any products containing or manufactured using US software, according to multiple sources familiar with the matter. The proposed measures would affect a wide range of goods from laptops to jet engines and represent a potential dramatic escalation in the ongoing trade dispute between the world’s two largest economies.

International Business and TradePolicy

US-China Trade Tensions Escalate Over Export Controls and Rare Earths

Trade tensions between the United States and China have intensified following new export controls on batteries and rare earth elements. Both nations have exchanged threats and retaliatory measures, creating uncertainty in global markets. The situation highlights what analysts describe as “mutually assured disruption” between the world’s two largest economies.

Escalating Trade Tensions

Trade relations between the United States and China have reached a new critical point as both nations implement aggressive export control measures, according to recent reports. The tension escalated when President Donald Trump threatened retaliation against Beijing’s new restrictions on batteries and rare earth elements, crucial components in numerous high-tech industries.

International Business and TradePolicy

US Warns of Global Economic Decoupling Over China’s Rare Earth Export Controls

US Treasury Secretary Scott Bessent has warned that China’s sweeping new export controls on rare earth elements could force global economic decoupling. The measures, scheduled for December implementation, have drawn sharp criticism from US officials who describe them as “economic coercion” affecting global supply chains.

US Officials Issue Stern Warning Over China’s Export Controls

United States Treasury Secretary Scott Bessent has delivered a stark warning to Beijing, stating that new export controls on rare earths and critical minerals could force the US and other nations to “decouple” from China, according to reports from a Wednesday news conference. Bessent, speaking alongside US Trade Representative Jamieson Greer, emphasized that while the world prefers “de-risking” rather than complete decoupling, China’s actions are pushing global economies in that direction.