BEIJING -- China's rare-earth exports to the U.S. plummeted 80% on the year in May while shipments to Japan fell 54%, the latest sign that Beijing's trade controls are rattling global supply chains.
Japan also hit by falling shipments of vital industrial materials
China's Commerce Ministry says it has already approved a certain number of compliant applications for rare-earth exports. © Reuters
BEIJING -- China's rare-earth exports to the U.S. plummeted 80% on the year in May while shipments to Japan fell 54%, the latest sign that Beijing's trade controls are rattling global supply chains.