Part 5/8:
As trade tensions continue, the question remains: Can the US economy withstand the mounting pressures of inflation, dwindling consumer confidence, and market volatility?
Focus on Asia: China's Export Restrictions
Moving our focus to Asia, China's recent decision to tighten export restrictions on seven types of rare earths and permanent magnets has significantly impacted global supply chains, proving beneficial for certain Australian miners such as Linus Rare Earths and Northern Minerals. The alterations in China's supply dynamics primarily target critical materials essential in defense and renewable energy sectors, revealing the necessity for alternative suppliers outside of China.