China’s Strategic Pivot: Fourth Plenum Sets Course Amid U.S. Tensions Navigating Global Headwinds: China’s Fourth Plenum Takes Center Stage As…
China’s new restrictions on rare earth exports for military use threaten critical U.S. defense systems including F-35 jets and submarines. With China controlling over 90% of global rare earth refining, the move gives Beijing significant leverage in trade negotiations.
China’s sweeping restrictions on rare earth exports specifically targeting foreign military applications represent a significant escalation in trade tensions that could severely impact U.S. defense capabilities and potentially reignite a broader trade war between the world’s two largest economies. The October 9 announcement from China’s Ministry of Commerce marks the first time Beijing has explicitly prohibited rare earth exports for defense purposes, creating immediate vulnerabilities for American weapons systems that depend on these critical materials.
European Markets Open Higher Amid U.S.-China Trade Tensions European stock markets are poised for a mostly positive start to the…
