United States Challenges China’s Export Restraints on Rare Earths

Washington, D.C. − U.S. Trade Representative Ron Kirk announced today that the United States has requested consultations with the People’s Republic of China at the World Trade Organization (WTO) concerning China’s unfair export restraints on rare earths, as well as tungsten and molybdenum. These materials are key inputs in a multitude of U.S made-products and American manufacturing sectors, including hybrid car batteries, wind turbines, energy-efficient lighting, steel, advanced electronics, automobiles, petroleum, and chemicals.

via United States Challenges China’s Export Restraints on Rare Earths | Office of the United States Trade Representative.

President Obama’s comments are here.

Wall Street Journal here.

Wall Street Journal Military downplays role of rare earths here.

Explore posts in the same categories: Markets

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