On Wednesday, Chinese newspapers ran commentaries warning the United States that escalating trade tensions would result in China cutting off its rare-earth-minerals trade with the US.
China is the dominant supplier of rare-earth minerals around the world. The minerals are used in all sorts of advanced materials and play a prominent role in the operation of electric motors, wind turbines, and military-related material.
According to Reuters, China’s official People’s Daily ran an article saying: “Undoubtedly, the US side wants to use the products made by China’s exported rare-earths to counter and suppress China’s development. The Chinese people will never accept this!”