Why rare earths are the new battleground in US-China trade war
China Rare Earths Policy: Two months after China enforced strict export controls on key rare earth elements, manufacturing industries across the United States, Europe, and India face mounting disruptions. These elements are vital to defence, electronics, and electric vehicles. India’s Bajaj Auto has issued a public warning, citing looming production halts. With global dependency on China’s rare earth dominance, the trade standoff is sparking urgent diplomatic efforts and renewed calls for supply chain diversification.