China vs. the E.U.: The Trade War Nobody Is Talking About (Yet)

From dunham.com

The world is watching Washington and Beijing trade blows again. You know the kind I’m talking about - tariffs, export controls, and threats. All the familiar noise. How did we get back to this? Well, last week, China quietly expanded export controls on its rare earths - the minerals that make everything from missiles to iPhones work (very important to the rest of the world)1. Keep in mind China mines roughly 70% of the world’s rare earths and processes over 90% of the global supply. Thus, these aren’t just minerals - they’re an ace up the sleeve. Because of this, the next day, President Trump threatened a ... (full story)