China has suspended rare minerals, which can seriously affect global industries, including automotive and aerospace industries, as well as the US military field. This decision is a reaction to the growing missions of US President Donald Trump, writing the New York Times.
The supply of magnets is necessary for the assembly of cars, unmanned aircraft, robots and missiles has been stopped at many Chinese ports while the Chinese government is developing a new management system. After implementation, a new system can prevent the supply of certain companies, including US military contractors, reports.
Trump commented on the US duties to China
Earlier, it was known that China would increase the mission for goods from the United States, increasing them from 84% to 125%. This decision was made to meet the tasks given by Washington for Chinese goods. Later, Trump decided to suspend the introduction of tasks against his trading partners.