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12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
04/29/2024
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By Ethan Huff
Western sanctions against Russia causing more copper production to move to China, concentrating control over this critical metal in Chinese hands
Every time the United States attempts to punish Russia for its special military operation in Ukraine, it somehow backfires on America. And the shift in copper production to China is no exception. America’s super-smart leaders continue to sanction Russia as punishment for the war in Ukraine, which in turn is resulting in more and more […]
08/24/2023
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By Richard Brown
Biden’s tariffs to drive up prices of canned goods, solar panels as “Bidenflation” intensifies
Tariffs are often touted as economic tools to protect domestic industries and address trade imbalances. But the recent plans of President Joe Biden’s administration to impose these on can-making metals imported from China, Germany and Canada will have potential ramifications for both international trade and everyday consumers. While the decision intends to address concerns about trade […]
07/10/2023
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By Arsenio Toledo
China enacts export restrictions on two crucial metals amid escalating trade war with US
China has just instituted massive export restrictions on two metals – gallium and germanium – necessary for the manufacturing of crucial technologies. According to a notice by China’s Ministry of Commerce and General Administration of Customs, the export controls will come into effect on August 1. These restrictions also include several of their compounds. The communist nation said […]
09/14/2022
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By Arsenio Toledo
American imports of Russian ferrous metals dropped to near-zero in July
Russian exports of ferrous metals to the United States dropped in July to nearly zero – $0.6 million. The massive nosedive in American metals imports comes after Washington, D.C. released its latest list of Russian goods targeted by massive import tariffs in late June. These are part of America’s economic sanctions against Russia for the special […]
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