Starting Aug. 1, China will implement its recently announced export controls on two strategic metals, a move largely interpreted as retaliation for Western restrictions on the Beijing regime’s access to advanced semiconductors.
While Beijing’s export controls may not have an immediate effect on U.S. supply chains, experts warn that they should be viewed as a wake-up call. They say the move serves as a reminder of communist China’s ability to hit back at Western measures to showcase its leverage, prompting countries to be watchful and prepared.
