Beijing is “weaponizing” its dominance of rare earths, and Chinese authorities have escalated restrictions on efforts to diversify supply chains away from China, U.S. Ambassador David Perdue said on Sept. 29.
“This is a single-source dominant position that China is weaponizing against the world right now,” Perdue said in a post on X.
“We have told them this is unacceptable,” he said. “We are not going to live in a world where we have to go to China and kowtow to do business the way we want.”
In another post the same day, Perdue described the changes as an escalation from controls on exports from China to restrictions with consequences for people and businesses seeking alternatives….