Trade tensions between China and the US are heating up again – and this time, rare earth minerals are at the center of the storm! ⚡️ China's Commerce Ministry called out the US on Tuesday, urging it to 'correct wrongdoings' and show real sincerity in negotiations.
The move comes after US claims that China postponed a planned phone discussion about recent export controls on rare earths – materials critical for everything from smartphones to electric cars. 📱🔋 A ministry spokesperson fired back, stating China's export measures are 'legitimate practices' to improve its own systems under existing laws.
Think of this like a high-stakes game of diplomatic ping-pong 🏓: The US wants 'stability,' while China demands respect for its policies. With rare earths powering 90% of global tech manufacturing, this isn't just about trade – it's about who controls the future's building blocks. 🔋🌐
Will both sides find common ground? For now, the ball's in America's court. 🎾
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China's commerce ministry urges US to show sincerity for trade talks
cgtn.com