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
impacts of corporations like apple major stock market side the german dax and the u.s. stock markets essentially investors are going into defensive and they are back in the trenches because these battle shorts are still beyond 5 there s another escalation what everybody actually hopes that this movie between the u.s. and china and trade sanctions would wrap up by this month but not at all it s going for a sequel on this why investors are defensive so that was means there are wider implications there not just for the united states but for the u.k. as well and for europe. absolutely these implications are far and wide and that globally we can expect global economic downgrades any day now based on the weakening market sentiment and the we can sense and around global economic health and let s also not forget that investors were preparing for a global economic downturn in 2009 seen based on external headwinds but it s