What caused the U.S.-China trade tensions?
Asked 4 hours ago
Answer
U.S.-China trade tensions were triggered by China's restrictions on rare earth exports, which are vital for technology and defense industries. The U.S. responded with significant tariffs and export controls, citing concerns over China's market dominance and military applications. Both sides accuse each other of escalating the dispute through tariffs, blacklists, and regulatory actions.
Now Playing
Beijing blames U.S. for trade tensions, defends rare earth curbs
Reuters · New
Reuters
New
- China criticized new U.S. tariffs and accused the U.S. of double standards.
- Beijing defended its export controls on rare earth elements, citing military concerns. 1m 21s
- China produces over 90% of the world's processed rare earths and magnets. 1m 29s
- The Commerce Ministry reassured foreign companies that export applications for civilian use would be approved if compliant. 1m 45s
