China on Sunday defended its latest export control measures on rare earths and related items as a legitimate action to safeguard global peace, warning the US of “resolute measures” if President Donald Trump proceeds with his threat to impose 100 per cent tariffs on Chinese exports.
China on Thursday announced new restrictions on the export of technologies and equipment related to the mining and processing of rare earths, lithium batteries, and rare earth-based superhard materials.
The controls, which took effect immediately, also cover overseas transfers of production technologies.