Beijing warns South Korea not to export rare earth products to US defense
Chinese President Si Jin Insing has tools outside the tariffs, he could use the United States to harm the United States, but it can be more consistently reduced by important minerals.
Beijing asked South Korean Companies will terminate exported products that contain severe Chinese origin lands to US defense companies, warning that Seoul may face sanctions.
Recently, the Chinese Ministry of Commerce sent an official notice to at least two South Korean companies, Korean Economic Every Day Tuesday was reportedly reported, citing sources of South Korean transformer industry.
The output notes that the letters do not specify which type of fines can be facilitated if the industry continues to export equipment to US military or its contractors. Equipment may include electric transformers, displays, batteries, electric vehicles, aerospace and medical equipment.
Although the move is expected to take revenge on China President Donald Trump tariffs, Beijing can block the sale of critical metals at all, disrupting the world economy.
Containers near containers in South Korea, South Korean Transformer Companies have been reportedly warned goods containing rare Chinese earthly metal metals through continuous trade. (Anthony Wallace / AFP / GETTY Images)
Trump’s tariff money has been tested because China chokes critical mineral supplies
Fox News Digital has been registered at the Ministry of Commerce and Energy of South Korea and the Ministry of Comments, but they did not immediately respond.
For the first time, Beijing has taken official measures to monitor the export of continuing non-American companies Commercial War Between the United States and China. According to the Korean Economic Daily, the move can seriously affect the reliable economy of South Korean exports.
The rare rare mine in the mining city, in the mining city of China, is observed in the Nerkin Mongolian. The northern mines of the city are the largest deposits of rare earth metals in the world. (Bert Van Dijk / Getty Images)
At the beginning of this month China has stopped effectively Exports of seven precious minerals – vital cars, robotics and defense systems with the direct blow to the United States.
On April 4, the majority delivery abroad was shipped when new licensing rules came into force New York Times:A number of companies have only been allowed to export rare earthly materials if they received special export licenses, which receive 45 days, Korea’s economic daily reports.
Termination could be a trump tariff strategy, as China produces about 60% of the world’s largest mineral supply and processes, even more than 90%.
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Chinese President C Jin Azsin and President Donald Trump are closed in the trade war, which can make a decision in the US industry if the rare land exports will be given permanently. (Kevin LAXARKO / REUTERS)
The Chinese mineral stopped US Defense Department It comes after Beijing has already imposed sanctions on many US military contractors in the last year, according to Reuters. Chinese entities are prohibited from practicing or cooperating with them in response to weapons sales in Taiwan, exit.
The director of the National Economic Council Kevin Haset confessed the growing alarm on April 14.
“Rare countries are part of a lot of economy,” Haset said to journalists at White House. “Rare land borders are very careful, and they refer to, and we are now thinking about all the options.”
Fox News’ Morgan Phillips and Reuters contributed to this report.
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