China restricts exports of materials key to tech and clean energy, impacting US sectors.

China has imposed export restrictions on gallium, germanium, and antimony, crucial materials for semiconductors, solar cells, and electric vehicles, affecting the US clean energy and defense sectors. This move is seen as retaliation against US curbs on China's advanced chip production. Analysts predict higher costs and supply chain uncertainties for US companies, highlighting the need for the US to diversify its supply chains.

December 08, 2024
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