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China has a history of using export tariffs as a tool to achieve political and economic goals, including in the rare earth industry, and this could be a major play in the ongoing trade wars, and have an affect on the budding AI and clean energy geopolitical conflicts.
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1.00@ffaxz34 Thanks for pointing this out. Uhm, is it a tariff or a ban? https://www.nytimes.com/2024/12/03/world/asia/china-minerals-semiconductors.html
The awkward thing is the market is about tariffs, and this is a ban.
@Fedor Ah, quite fair - the market should have been worded a bit differently perhaps. My bad I suppose.
@Sketchy Thanks for the call out. Introduction of a tariff will refer to the announcement in this case. When a country introduces tariffs, the introduction typically refers to the announcement rather than the implementation.