International Business

Last week, China's Ministry of Commerce issued "Notice No. 62 of 2025". Unlike ordinary administrative updates, this one has disrupted the delicate trade truce between China and the United States. The announcement outlined broad new restrictions on rare earth exports, strengthening China’s hold over the global supply of these key materials—reigniting concerns in Washington about China’s strategic economic position. China dominates the rare earth processing industry, which is

US President Donald Trump has stated that his broad tariffs on international imports are designed to stimulate job creation at home, strengthen the national economy, and contribute to federal revenues through increased duties. However, several analysts have cautioned that these measures might encourage exporters to direct their business to other countries such as China, potentially causing prices to climb for American consumers. According to agricultural brokers interviewed by the BBC, there