this post was submitted on 06 Jul 2023
9 points (100.0% liked)

Economics

1722 readers
1 users here now

founded 5 years ago
MODERATORS
 

According to a recent announcement, China will be imposing new regulations on the export of gallium and germanium, both of which are metals that are utilized in the production of computer chips and solar cells and are therefore vitally important. This action is seen as an escalation of the trade dispute that the United States and China are currently engaged in, and the trade dispute has been going on for a long time. The restrictions will begin to take effect on August 1, and the Chinese Ministry of Commerce has stated that their purpose is to “safeguard national security.” Despite this, the specifics of these limitations have not yet been made available to the public at this time.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here