Hopefully, when American and Chinese leaders meet to resolve trade differences, talks won’t break down and result in a new round of tariffs or product restrictions. It is in both nations’ interests for presidents Trump and Xi Jinping to find common ground.
Our state has lots riding on those negotiations. The Brookings Institute points out that Washington would be “the worst off” of any state because 154,000 people are employed in industries that would be affected by new Chinese countermeasures.
Especially troublesome is the Chinese indicated they may cut off exports of rare earth metals to our country. They are important because of their unique magnetic, luminescent, and electrochemical properties which make many technologies perform with reduced weight, emissions, and energy consumption. The U.S. Geological Survey adds: “These special metals provide greater efficiency, performance, miniaturization, speed, durability, and thermal stability.”
While the 17 elements classified as “rare earth” are not commonly known, they are critical components in products ranging from smartphones and laptop computers to batteries, electric vehicle and jet engines, wind turbines, LEDs and major weapons systems.