A licensing system set up by China for exports of rare earth magnets gives it leverage similar to America's chip export controls because of its near-monopoly on the sector.

China has introduced a tracking system for rare-earth magnets; producers have to submit details online on trading volumes and client names, as it looks to curb access

China's failure to lift export curbs on critical minerals, as promised in Geneva, has heightened concerns by carmakers and other firms that rely on rare earths

Tesla's EV sales also continued to plummet across much of Europe last month, as its aging model lineup and CEO Elon Musk's political activities deterred buyers

The trade war truce negotiated in Geneva is hanging by a thread, amid reports that China reneged on its agreement to ease export controls imposed on critical minerals.

China's decision to suspend exports of critical minerals and magnets has upended supply chains to carmakers, aerospace manufacturers, chip firms and military contractors

Auto dealers want carmakers to stop overloading them with new vehicles amid a sharp price war, saying it is killing some outlets.

US tariffs blamed after private survey finds manufacturing in China contracted in May for the first time in eight months - to the lowest level since September 2022.

Senator says China probably cheers the White House move to revoke some students' visas because the CCP wants these students to come home, not stay in the US

Commerce ministry says it upheld the trade agreement, while the US launched new "restrictive" measures on chips, software and students - issues the US has said were not in the deal.

US Trade Rep says China was slow to restore access to rare-earth minerals, while Beijing was unhappy about new export controls and other moves imposed by the White House

The move is the latest disruption in Chinese purchases of US ethane, which hit a record of 492,000 barrels per day in 2024