Thu, 17 Apr 2025

Thu, 17 Apr 2025 The Briefing Room

What cards does China hold in the trade war with the US?
- Control of rare earth minerals essential for tech and defense products - Dominance in lithium-ion battery production, crucial for electric vehicles - Possession of large foreign currency reserves to counter US tariffs - Dependence on US tech exports, potentially used as leverage - A trade deficit with the US that China can exploit for negotiations
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