Source: Taiwan Economic Daily

The rise of the Sino -US trade war made China think of a trump card MDASH in its hands again; rare earth.The China Rare Earth Industry Association pointed out that rare earth is an important strategic resource. It is necessary to deeply understand China's advantages in rare earth resources, sparse earth smelting separation, rare earth functional materials, etc., and resolutely safeguard the core interests of the country.Consumers bear.

Following the 25%tariffs on US $ 20 billion on May 10 this year, the United States recently announced that the United States has recently announced that from September 1sttariff.At that time, the rare earth will also be imposed on tariffs.

China's rare earth reserves account for about 23%of the global total reserves, but it undertakes more than 90%of the world's rare earth supply.Therefore, Chinese scholars have suggested earlier that rare earths will be a big prince in response to the Sino -US trade war.

On May 20 this year, the President of China ... made a special trip to Ganzhou, Jiangxi to inspect China's important rare earth enterprise MDASH; Jiangxi Jinli Yongcong Technology Co., Ltd., at the time ... this move attracted attention.

With the recent increase in Sino -US economic and trade disputes, the official website of the China Rare Earth Industry Association also issued a press release saying that the Secretary of the China Rare Earth Industry Association held a meeting on the 5th to revisit the study and understand and understand it on May 20 this year ... The General Secretary was facing Jiangxi to Jiangxi.The spirit of the important instructions of Ganzhou Rare Earth Industry during the survey.

The China Rare Earth Industry Association stated that the impact of the current conference on the current Sino -US trade friction on China's rare earth industry, industry, and enterprises, and how to actively respond to in -depth analysis and discussion.

According to the press release, the Sino -US trade friction provoked by the United States is a unilateralist and trade protection of the United States for curbing and suppressing China's emerging developing power for the United States for curbing and suppressing China.Doctrine and trade bullying.

The China Rare Earth Industry Association stated that it resolutely supports the country's active response and countermeasures adopted by the US tariffs on the US's tariffs on the United States, resolutely safeguard the core interests of the country and resolutely safeguard the fundamental interests of our people.

The association also called on China's rare earth industry companies to deeply understand the particularity of exported rare earth products, scientifically grasp the initiative in foreign trade, effectively prevent risks and reduce losses. The cost of improving tariffs in the United States should be borne by the US market and consumers.At the same time, we must actively expand overseas markets, better serve domestic demand, and maintain the global strategic position of China's rare earth.