This week, China imposed more export controls on rare earths, which include materials used in high-tech products, aerospace manufacturing, and the defense sector.

And then Trump,

executive order signed by President Donald Trump that launched an investigation into the “national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products.”

“There is no winner in tariff wars and trade wars, and China does not want to fight, but it is by no means afraid to fight.”