US business group says some critical minerals are 'nearly unobtainable' from China

By Michael Martina

WASHINGTON, June 10 (Reuters) - U.S. access to critical minerals from China remains difficult due to export controls and licensing delays, a U.S. business lobby said on ‌Wednesday, with Beijing's restrictions driving three-quarters of impacted companies to search for new supplies.

Introduced in ‌April 2025 in retaliation for U.S. President Donald Trump's tariffs, Beijing's controls tightly restrict exports of certain rare earths crucial for ​advanced manufacturing.

That's despite Trump's deal with China's Xi Jinping in October in which the White House said China committed to "effectively eliminate" all current and proposed critical mineral export controls.

The U.S.-China Business Council said in a report that some rare earth elements remain "nearly unobtainable."

https://finance.yahoo.com/economy/policy/articles/us-business-group-says-critical-143524546.html

Heckuva job Trumpy