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US-China Tech War: The Rise of Export Controls as a Strategic Tool

share-iconPublished: Sunday, January 05 share-iconUpdated: Sunday, January 05 comment-icon11 months ago
News sources:
SCMP
US-China Tech War: The Rise of Export Controls as a Strategic Tool

Credited from: SCMP

  • China has implemented its strictest critical mineral restrictions following US export controls on chipmaking equipment and software.
  • Both nations have escalated trade tensions, with China now targeting US companies and issuing export bans as retaliatory measures.
  • The US aims to curb China's technological advancement, while China's new restrictions focus on critical minerals used in defence and technology.
  • The impending return of Donald Trump may see a shift towards more aggressive trade and tariff strategies regarding mineral imports.
  • As trade restrictions increase, the implications for global supply chains, especially for allied nations, are becoming more complex and severe.

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