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| Science & Technology |
| China 'asks' South Korea not to export rare earth products to US defense, warns companies could be sanctioned |
| 2025-04-23 |
| Beijing has asked South Korean companies to cease exporting products containing Chinese-originated heavy rare earth metals to U.S. defense firms, warning that Seoul could face sanctions. China’s Ministry of Commerce sent official notices to at least two South Korean companies recently, the Korea Economic Daily reported on Tuesday, citing sources in the South Korean transformer industry. The outlet said the letters did not specify what type of penalties South Korean companies could face if the industry continues to export equipment to the U.S. military or its contractors. The equipment in question can include power transformers, displays, batteries, electric vehicles, aerospace and medical equipment. While the move is intended to retaliate against President Donald Trump’s sweeping tariffs on China, Beijing may start blocking sales of critical metals altogether, disrupting the global economy. |
| Posted by:Skidmark |
| #3 If the South Korean government can read 'The Handwriting On The Wall' they would double or triple such exports of rare Earth metals to their U.S. partners! The Chicoms are quietly smuggling resources and dual use mechanics to North Korea as a hedge to U.S. interests in the region, just as they have been caught supplying intel and sub parts to the Houthis against the U.S. and Israel! |
| Posted by: Phatch Sproing2490 2025-04-23 22:02 |
| #2 China imports a lot of stuff too. machinery, oil and other fuels, iron and other ores and lots and lots of grains and other food products |
| Posted by: Lord Garth 2025-04-23 10:30 |
| #1 White House says Trump administration has 18 trade proposals 'on paper' |
| Posted by: Skidmark 2025-04-22 17:08 |