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China hits US with ban on critical minerals used in tech manufacturing. China bans US exports of gallium, germanium, antimony, and superhard materials.
China bans US exports of gallium, germanium, antimony, and superhard materials.
On Tuesday, China's Ministry of Commerce punched back, announcing a ban that takes effect immediately on "exports of 'dual-use items' related to gallium, germanium, antimony, and superhard materials to the US," Reuters reported. Apparently, these groups would not say how or why the chips were unsafe, but the warning could hurt US chipmaking giants like Nvidia, AMD, and Intel, the financial industry publication closely monitoring China's economy forecast said. With Trump angling to add a 35 percent tariff on all Chinese goods, that means average Americans could also end up harmed by the trade war, potentially soon paying significantly more for laptops, smartphones, and game consoles.
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