Europe's Rare Earth Crisis: China's Export Controls Halt Production
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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European factories are grinding to a halt! New Chinese export controls are causing massive rare earth magnet shortages, crippling production of everything from EVs to wind turbines. While China's overall exports are up, European companies are being left in the dust, while US firms get preferential treatment. Is this a deliberate squeeze play amid global trade tensions, and can Europe find a way out before more factories shut down? Hosted on Acast. See acast.com/privacy for more information.