Beijing limits exports of key metals to the US in response to tariffs
Beijing has announced restrictions on the export of five key metals to the United States, including tungsten and indium. This move follows the implementation of a 10% tariff on Chinese imports by President Trump. These metals are essential for various industries, including electronics and aerospace. The U.S. lacks large-scale production of these materials, making it reliant on China for supply. Experts suggest that while companies may seek alternative sources, it will be challenging to eliminate China's role in the supply chain. The restrictions are viewed as a negotiating tactic rather than a permanent measure.