producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interests. ch
the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was imposing export controls on two rare metals essential for making semiconductors. this is seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question will be subject to export control starting august one. in a statement, the chinese ministry of commerce said it was to protect national security interest. china is the largest producer of gallium and german
beijing. china has slapped export controls on two rare metals used in the manufacture of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium. china is a major producer of both. from august, exports of these metals will require a licence. michelle fleury has more. us treasury secretary janet yellen is headed to berlin, and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship, but she has got her work cut out for her. ahead of her visit beijing said he was imposing export controls on two rare medals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions for tub gallium and a germanium the two mentals in question, wi
tonight on all in. if i m elected, if he s elected, the stock market will crash. the fearless forecaster blows it again. that bell marks a new record high. this is a huge day for the stock market. there you go. thank you. that is the highest the dow has ever been. tonight, the truth and propaganda of the so-called greatest economy of all-time. then when i testify you ll get the whole story. why rudy broke his promise to testify as we wait to see how much he has to pay the women he defamed. plus, how to process new polling that looks strong for the indicted front-runner, and as families of hostages visit the white house, the new biden message to israel to end the large-scale campaign, when all in starts, right now. mark good evening from new york. i m chris hayes. i have some news about that recession that everyone said was coming. i think maybe it s not going to come. now whether you believe it or not or if you feel it or not, the united states economy