Following the expanded U.S. export controls affecting over dozens of Chinese companies, China has retaliated by banning the export of key minerals like gallium, germanium, and antimony, crucial for advanced chips and various technologies.
Analysts are warning that the latest restrictions could severely impact manufacturing across several industries and disrupt global supply chains, posing a significant challenge for U.S. industries to seek alternatives.
With the intertwining of technology and trade policies, analysts suggest that the restrictions might mark a crucial tipping point in the ongoing tech trade war between the U.S. and China.
The recent bans also encompass super-hard materials critical in manufacturing sectors, underscoring China's dominance in both resource availability and refining processes for essential minerals.
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