With reprisal prices, China has also lifted the export mark to the United States of critical raw materials, such as samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium.
These metals are used in magnets, nuclear technology, cancer research, oil drilling or other high -tech sectors. In recent trade disputes with the United States and the EU, China has already limited more common metal trade such as graphite, gallium and germanium.
In a statement, the Chinese finance ministry said: “This United States practice does not in accordance with the rules of international trade, seriously mine the legitimate rights and interests of China, and is a typical practice of unilateral intimidation.”
Martina Sapio contributed to this report.
Politices
