Beijing South Korea warns against exporting rare land products to US defense

Photo of author

By [email protected]


He asked Beijing South Korea Companies to stop exporting products containing rare rare ground minerals created Chinese to American defense companies, warning that Seoul may face sanctions.

The Chinese Ministry of Commerce sent official notifications to at least two South Korean companies, Korea everyday economic It was reported on Tuesday, referring to sources in the South Korean transformer industry.

The port said that the messages did not specify the type of sanctions that South Korean companies may face if the industry continues to export equipment to the American army or its contractors. The equipment concerned can include energy transformers, offers, batteries, electric cars, space and medical equipment.

While this step aims to take revenge on President Donald Trump’s tariff in China, Beijing may start preventing critical metal sales, which disrupts the global economy.

Standed containers on board the ship in the port

Standed containers near a cargo ship in Busan, South Korea, are seen on November 24, 2024. South Korean transformers companies were warned of exporting products containing rare Chinese ground minerals to the US military amid continuous trade (Anthony Wallace / AFP / Getty Images)

The Trump’s introductory gambled for the test, as China strangled the critical metal supplies

Fox News Digital has contacted the Ministry of Trade, Industry and Energy in South Korea and the US Defense Department for Comments, but it did not respond immediately.

Warning signs the first time that Beijing has taken official measures to control exports from non -American companies related to the continuous Trade war Between the United States and China. This step can significantly affect the economy that depends on the export of South Korea, according to Korea’s daily economic.

Chinese trade war weapons: A rare ban from land and emptying American debt can paralyze the American economy and defense

Mining

A rare mine appears in Bian Oppo, a mining city, in the inner Mongolia in China. Mines in the north of the city are one of the largest rare ground mineral deposits in the world. (BERT VAN Dijk / Getty Images)

In early this month, China has stopped effectively Seven precious minerals – vital for assembling cars, robots and defense systems – to the United States in a direct blow to the supply chain in America for manufacturing and defense.

The delivery operations abroad stopped on April 4 when the new licensing rules entered into force, according to New York Times. Companies were only allowed to export rare ground materials if they obtain special export licenses, which take 45 days to receive, according to Korea’s daily economic.

This stopping will undermine the Trump tariff strategy because China produces about 60 % of the world’s critical metal supplies and more operations, up to 90 %.

Click here to get Fox Business on

President Donald Trump and Chinese President Xi Jinping is in two directions

Chinese President Xi Jinping and President Donald Trump are being imprisoned in a commercial war that can save the United States industry if rare land exports are permanently cut. (Kevin Lamark / Reuters)

Chinese metals stopped to Pentagon It comes after Beijing has already imposed sanctions on multi -American military contractors late last year, according to Reuters. Chinese entities were banned from engaging or cooperating with them in response to arms sales to Taiwan, the perpetrator said.

The director of the National Economic Council, Kevin Haysit, admitted the increasing warning on April 14.

“The rare land is part of a lot of economy,” Haysit told reporters at the White House. “The rare land borders are very carefully studied, they are anxious, and we think about all options at the present time.”

Fox News Morgan Phillips and Reuters contributed to this report.



https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/04/0/0/busan-trump-xi.jpg?ve=1&tl=1

Source link

Leave a Comment