Trump tariffs cast shadow over access to vital elements for tech sector

Quick Summary:

Lithium and other elements that the US needs for vital defence, energy and other applications could become harder to obtain if the Trump administration goes ahead with tariffs and other protectionist policies aimed at China.

China refines more than 90% of the global supply of so-called rare earth elements, which include neodymium and dysprosium.

Some elements, like Lithium, are usually mentioned along with rare earth elements, because they are also critical for the tech sector.

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Category: BusinessFinance

Markets: IndiaChinaGreenlandUkraine

Topics: Trump trade conflict Critical minerals Technology sector Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 19:24:35 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26295992

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Official Website: business-standard.com

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