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
donte wright is free this morning. these stories and more right here on cnn news central. we are expecting a big but not an unexpected announcement from president joe biden and straight to the arlette seanez who has been watching this and we know that last week you are expecting news that we expect him to announce that he is going to become the presidential elect. well, sara, president biden spent the weekend at camp david to go over the final details regarding the details and staffing for a campaign. the president s advisers have been working towards launching this campaign tomorrow and doing so in a video . also tomorrow, the president is going to be speaking at the building trade yun yon unions t and that is a key group that helped to elect him in 2020. and we are learning that the democratic sources are telling us that he is expected to name julie chavez rodriguez as the campaign member. she is one of the most senior advisers here at the white house and director of th
the industry. the likes sodium silicon chips that use these compounds are quite important in radio communications, 4g and five smartphones, power semiconductors for electric vehicles, for lighting, so it is quite significant for certain applications. 50 so it is quite significant for certain applications. so china sla rmr certain applications. so china slapping this certain applications. so china slapping this export - certain applications. so china | slapping this export restriction certain applications. so china - slapping this export restriction on them, i wonder whether there are alternative supplies or whether those restrictions could have a huge impact on the market and prices, one thatis impact on the market and prices, one that isjim, if there are restrictions. that is jim, if there are restrictions. that is jim, if there are restrictions. , . ., restrictions. yes, in particular - rice restrictions. yes, in particular rice is restrictions. yes, in particular price is going
out on another flight that i have understood they are doing or imminently on the way, and the united states are saying that their citizens should remain in place, and the reason for that is that there has been an escalation of the level of violence particularly in kha khartoum, but around the country, and that means it is dangerous indeed for the civilians to move from where they are hiding to get through the checkpoints to get to a mustering point for an evacuation. the united nations have had a 70-vehicle convoy to travel to port sudan over land, but in order to join the convoice, people need vehicles, fuel and water and none of those are in ready supply anywhere in khartoum. of course, the sudanese themselves are in the most disastrous state. i was just talking to a german national who has evacuated yesterday by the french, and she is talking to friends in khartoum talking about bodies in the street and families are trying to evacuate out into the countryside or the desert to get