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0.00142002989536623 0.00149476831091178 -0.00149476831091178 0.00298953662182355 0.00747384155455902 0.00747384155455902 0.00597907324364724 -0.00448430493273546
Stock impact report

China expands rare earths export controls ahead of Trump-Xi talks [Yahoo! Finance]

Trilogy Metals Inc. (TMQ) 
Company Research Source: Yahoo! Finance
Furthermore, the country has implemented more stringent rules that specifically target users in the semiconductor industry. This move, announced by the Ministry of Commerce, comes as Beijing seeks to tighten its grip on the sector ahead of talks between US President Donald Trump and Chinese President Xi Jinping. China, considered to be the largest producer of rare earths in the world, has also added several refining technologies to its control list. Foreign producers using Chinese materials must now comply with these rules. The announcement follows calls by US lawmakers for wider bans on exporting chipmaking equipment to China The expanded controls, initially announced in April, caused global shortages before deals with Europe and the US alleviated the supply crunch. "The White House and relevant agencies are closely assessing any impact from the new rules," a White House official told Reuters The new restrictions precede a scheduled meeting between Trump and Xi in Sout Show less Read more
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