The US-China trade war took a sharper turn this week, with US Treasury Secretary Scott Bessent accusing Chinese President Xi Jinping’s regime of making "provocative," economic moves after Beijing tightened export controls on rare earth minerals. Speaking to Fox Business on Monday, Bessent said the move was a direct challenge to the global economy, "This is China versus the rest of the world. They announced these export controls that are going to go into effect next month, and we have aggressively pushed back against them. We're not sure where this came from, why the Chinese have decided to do it now." He added that the US would not allow Beijing to weaponize its dominance in rare earths, that includes vital materials for industries like defense, electric vehicles, and electronics, sayi

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