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While many countries are wrestling with retaliatory tarrifs on US stupidity, China is doing a clever thing.

Sure, they slapped a 39% tariff on US goods, but they've also introduced 'export licensing' for a few critical minerals including dysprosium, terbium, tungsten, indium, and yttrium. They've turned off a tap the US didn't realise it relied on.

This is a good analysis from someone who knows the subject.

https://cleantechnica.com/2025/04/05/china-just-turned-off-u-s-supplies-of-minerals-critical-for-defense-cleantech/

#Tariffs #China #USPol