China announced Tuesday that it is banning exports to the U.S. of some metals and rare minerals which can be used in the production of semiconductors and ammunition, according to the Financial Times.
China’s Ministry of Commerce announced that it is banning exports of “dual-use” items related to germanium, gallium, antimony and superhard materials to the US in retaliation against the US government’s latest trade restrictions, according to the Financial Times. The ministry also announced that it is placing more rigid controls on exports of graphite-related items, the Financial Times reported.
The key minerals and metals are used in the production of a variety of items, including batteries, military hardware and semiconductors, according to the Financial Times. Beijing has largely dominated the global supply of various crucial resources, the Financial Times reported….