US-China rare earth clash 2.0? Fragile truce tested as tit-for-tat moves return (opens original article in a new tab)

China's export controls on US rare earth companies test the fragile US-China truce, following US designations of Chinese firms as military-linked.

• China imposed export controls on 10 US rare earth companies, including MP Materials and USA Rare Earth, in response to US designations of Chinese firms.
• The restrictions test the durability of the US-China truce, which was reaffirmed in a recent summit between Trump and Xi Jinping.
• China's measures bar suppliers from exporting dual-use goods to the listed companies and prohibit transfer of China-origin items to them globally.