How China's Rare Earth Controls Threaten US Dollar and Global Supply Chains
China's recent export controls on rare earth minerals have raised significant alarms regarding the future of the US dollar and global supply chains. With China accounting for 90% of the world's rare earth production, including essential magnets for electronics and defense, these restrictions have immediate ramifications for various industries.
Analysts suggest that the decline in exports, particularly to the US, signals a deepening rift in US-China trade relations. Companies in the EU and beyond are grappling with these new regulations, which echo the US's own trade strategies.
As China tightens its grip on this critical market, nations like Vietnam and Germany face mounting challenges in securing their supply chains. The geopolitical implications are profound, as these export controls are seen as a strategic weapon in the ongoing trade conflict, compelling businesses to seek alternatives and rethink their dependencies.
In this evolving landscape, the potential for a shift towards hard assets, such as Bitcoin, is gaining traction as individuals and companies aim to protect their financial stability.
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