“We are nonetheless assessing the brand new controls, however we’ll take needed steps to mitigate the affect and deter additional PRC coercive actions”, a US State Department consultant mentioned in an emailed response to questions, utilizing the acronym for the People’s Republic of China.
The spokesperson added that “these new controls solely underscore the significance of strengthening our efforts with different nations to de-risk and diversify essential provide chains away from the PRC”.
In banning the export of things associated to the essential minerals to the US on Monday, China’s commerce ministry cited national-security issues, ratcheting up what had consisted of measured reactions to Washington’s makes an attempt to dam Beijing entry to probably the most superior applied sciences.
The US additionally blacklisted about 140 Chinese entities, accusing them of appearing on behalf of Beijing.
