China on Sunday defended its latest export control measures on rare earths and related items as a legitimate action to safeguard global peace, warning the United States of "resolute measures" if President Donald Trump proceeds with his threat to impose 100 per cent tariffs on Chinese exports.
On Thursday, Beijing announced new restrictions on the export of technologies and equipment related to the mining and processing of rare earths, lithium batteries, and rare earth-based superhard materials.
advertisement
The controls, which took effect immediately, also cover overseas transfers of production technologies. China said the decision followed concerns that some foreign companies were using Chinese-sourced materials for military purposes.
Reacting to the move, US President Trump threatened to i
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.