But will germans buy a jew. Welcome to you this is asia im going to get jones in berlin good to have you with us. In a new twist to the u. S. China trade disputes china has called the u. S. An economic terrorist and signals it could stop exporting rare earth metals to the u. S. And that matters because rare earths are used in a wide range of Consumer Products from i phones to electric car motors as well as military jet engines satellites and lasers now rare earth are a group of 17 elements here are a few of them therion for one is used in Catalytic Converters and cars bastien site is used in nuclear industry. Is used to make magnets and lanthanum is used in camera lenses and so forth now china supplies nearly 3 quarters of all the worlds rare earth 120000 tonnes that is the big produces include australia
with 20000 tonnes and the us used to be a major producers but now turns out just 15000 tonnes so are rare earth supplies going to be the Bargaining Chip in the us China Trade War our c
such as of rare earths to many factors such as toyota and pena sorry but that did not pan out well and beijing did not emerge a winner out of that dispute the u.s. led coalition with multi with multilateral countries as well head to consult with the w.t. or in order to put a stop to china s threats and disrupting of the supplies off to these countries and there s a rule that they cannot do that and impose such bans on countries for the to disrupt the markets all right so it looks like another chapter there not the end to the trade route singapore and jimmy are made in cyprus thank you to both of you. now as the trade war between china and the u.s. rumbles on manufacturers in lower tariffs regions stand to gain textile processes in vietnam are already noticing more business from the american customers but they say chinese companies are also already relocating to benefit from vietnam slow
with 20000 tonnes and the us used to be a major producers but now turns out just 15000 tonnes so are rare earth supplies going to be the bargaining chip in the us china trade war our correspondent andrea hang joins us now in singapore and in cyprus we welcome jameel global head of currency strategy and market research at f.x. t m good to have you both on the show andrea i would like to start with you because this threat of stopping a supplies of rare earth that isn t the only thing the united states needs to worry about right now. no it isn t a plug in china supply is the least of his problems because the americans us severely legging behind now the u.s. relies on china for 80 percent of its red requirements and with that supply being disrupted there s also another problem off processing china has processing