【Comment】
Beijing’s threat of cutting off the export of rare earths to the U.S.
means it has to cut off the finished products of rare earths to the U.S. and
the world as well.
What’s the point of that suicidal policy.
Why China’s
rare earths threat is no game changer in the trade war Tom DiChristopher@CNBC 20190603
- China has threatened to stop exporting rare earths
— minerals found in a wide range of everyday consumer electronics — to the
U.S.
- The U.S. is not a big maker of technology
products, so cutting off rare earths exports to American manufacturers
would have a limited impact.
- Restricting exports of goods containing rare
earths would hurt Beijing because China is a
major exporter of finished products.
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