EU, China Talk Rare Earth Exports Amid Tensions

European trade officials engage in constructive talks with China to de-escalate tensions over new rare earth export restrictions. The EU, heavily reliant on China for these critical minerals, faces supply chain disruptions, impacting industries like digital technology, automotive manufacturing, and defense. The European Commissioner for Trade invites his Chinese counterpart to Brussels for further discussions, while exploring options to diversify supply chains and create a joint purchasing and storage center.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.