Jamieson Greer discusses potential US export controls amid China's rare earth curbs

Oct 14, 2025, 3:45:56 PM UTC(172 days ago)
Impact: Medium
Jamieson Greer discusses potential US export controls amid China's rare earth curbs

Affected Assets

  • Jamieson Greer, who served in the US trade agency during the first Trump administration, stated that China's recent expansion of export controls on rare earth minerals and magnets was not communicated to the US and came as a surprise.
  • Greer characterized China's move as a "power grab" and indicated that attempts by the US to discuss the matter with Chinese officials were rebuffed.
  • China's expanded export controls on rare earth materials, crucial for various high-tech products, have caused concern in US and European policy circles.
  • In response to China's actions, former President Trump threatened to impose an additional 100 percent tariff on all Chinese goods starting November 1 and to restrict the export of "any and all critical software."
  • The US and China previously had a trade agreement that aimed to maintain steady baseline tariffs in exchange for China's consistent policy on rare earth exports.

Sources

GREER: HAVE EXPORT CONTROLS WE CAN IMPOSE IF WE NEED TO
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