China's trade war: essential metals for the USA now prohibited!

China's trade war: essential metals for the USA now prohibited!

In the middle of the turbulent global trade conflict, the tensions between the USA and China have tightened again. According to Krone+, the Ministry of Commerce in Beijing has imposed an immediate ban on export for critical metals such as gallium, germanium and antimony. These materials are crucial for the high-tech industry, especially for the production of electronics and other modern technologies. With this step, China reacts to the increasing economic disputes and sets a strong signal to the USA.

Donald Trump, who will act as President of the United States again on January 20, 2025, is faced with the challenge of curing this less flattering situation. As Stuttgarter Zeitung will be reported in the coming months Confronted processes. On December 11, 2024, the election results must be officially confirmed by the governors of the states. These preparations are crucial for his upcoming inauguration and the political course he intends.

trade war and political challenges

The immediate export break of essential raw materials could not only affect American companies, but also affect the global economy. Analysts warn that the economic pressure on the USA could continue to increase with Trump's upcoming office. His political decisions in the field of trade relationships with China are observed, while both nations move on an increasingly dangerous terrain in the economic sector