US administration officials are concerned about the economic impact of China’s restrictions on rare-earth exports, which could cut off critical supplies to key industries and defense contractors. The move has sparked alarm among federal agencies, as Beijing curbs the export of these essential minerals used in military drones, consumer electronics, and electric cars.
Source: https://www.washingtonpost.com/business/2025/04/24/rare-earths-trade-war-us-china