Why China curbing rare earth exports is a blow to the US
Summary
China has cut back on giving out important minerals and magnets called rare earths to the United States. This could make things hard for the United States because they need these materials to make things like computer parts and powerful magnets. The United States is trying to figure out how to make more of these materials on their own.Key Facts
- China and the United States are not getting along in trade, meaning they're not dealing fairly with each other when buying and selling goods.
- China has stopped sending out some minerals and magnets, known as "rare earths," to the United States.
- These rare earths are used a lot in high-tech items, like computer hard drives, loudspeakers, and even jet engines.
- Rare earths are hard to find on their own in nature and can be dangerous to get out safely.
- China is in control of most of the production and processing of these rare earths.
- The United States wants to make more of these materials themselves to not depend on imports.
- China built its control over rare earths on a plan made by their government.
- Some examples of these rare earths are neodymium, yttrium, and europium.
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