World concern has increased with China’s sanctions on basic mineral exports
On Wednesday, the Ministry of China called on the World Trade Organization to raise the monitoring of unilateral tariffs and submit proposals for objective and impartial policies.
At a meeting of the World Trade Organization in France, Chinese Commerce Minister Wong Vino has revived Beijing’s position on supporting the multilateral commercial system, stating that the global trade agency will support China for a more important role in the global economic rule.
But with Chinese invitations, there is growing concern about China’s control over basic minerals. When global auto manufacturers join their American rivals, rare ground mineral alloys can cause China’s sanctions imposed on exports and its derivatives to cause its events without a delay and quick solution.
German vehicle manufacturers have recently become a warning that China’s export limitations will stop production and destabilize their local economies after a similar complaint from the Indian electric car industry last week.
In April (April), China’s decision to discontinue exports of rare minerals to the heart of car manufacturers, aircraft, semiconductor companies and central supply chains of military contractors around the world is upside down.
This phase confirms China’s dominance over the biomedus industry and can be seen as a stress card in the ongoing trade war with US President Donald Trump.
Trump has tried to redefine trade relations with China, the largest financial competitor to the United States, hoping to reduce the big trade deficit and restore the missing manufacturing by imposing high customs duties on imported billion dollars.
Trump has imposed 145 percent of customs duties on China and then reduced the stock markets, bonds and currencies due to the integral nature of the fee. China has responded to its own customs duties, as he exploits its dominance over the main supply chains to persuade Trump to back down.
White House spokesperson Carolyn Levit told reporters on Tuesday that Trump and Chinese President Jinping will be in talks this week and export sanctions will top the agenda. She added, “I assure you that the administration is overseeing China’s consent with the Geneva Commerce Conference. Our administration officials continue to communicate with their Chinese opponents.
Trump in the past suggested that China slowed in reducing critical mineral export controls that it indicates a violation of the agreement last month in Geneva.
The basic metal goods needed to make everything from cars and drones are made to robots and missiles, in many Chinese ports, licensing requests through the Chinese regulatory system.
These limitations have been concerned about the management of companies and the boards of the companies from Tokyo to Washington, where the authorities have run to determine limited alternative options between the end of the summer and the production of new cars and other products.
“If the situation does not change quickly, it is impossible to exclude the product delay and its disruption,” said Hildegard Muller, head of German Car Pressure Group, told Reuters on Tuesday.
The official Chinese media has reported last week that China is considering reducing the limitations of China on the European semiconductor companies, but the Ministry of Foreign Affairs has said that it will increase its control over its control with other countries … Rare ground mineral exports have been reduced from China in April.
Speaking at the time of Trump, the former US Secretary of the Energy Resources, Frank Fanan, said that the mineral industry adviser during the Trump and the Trump would not be shocked to those who have taken care of world confusion. “I don’t think someone should be surprised by the consequences of this situation. We are facing a productive challenge in the United States, and we need to benefit from our comprehensive government policy to secure resources and increase local capabilities as soon as possible.”
In light of the threat of disrupting global supply chains, Sources said that diplomats, car manufacturers and other officials from India, Japan and Europe are urgently trying to hold meetings with Beijing officials to accelerate the approval of rare land mineral magnets.
A commercial delegation from Japan will visit the Ministry of Commerce on Beijing in early June, and European diplomats of large car industries have tried to hold “emergency” meetings with Chinese officials in recent weeks.
In May last May, “General Motors”, “Toyota”, “Volkswagen” and “Hyundai” and other major car manufacturers have raised similar concerns in the message of Trump’s administration.
“Without reliable access to these topics, car suppliers have written in the letter,” Automatic transmission, SUFF sucking bodies, generators, various engines, sensors, seat belts, loud speakers, lamps, engines, augmented router and cameras. “
