China’s rare earth export curbs threaten global automakers

China’s rare earth export curbs have rattled global automakers, who warn of looming production delays.

German carmakers joined Indian and US firms in urging swift action, fearing shortages of magnets crucial for electric vehicles, drones, and defense gear.

Industry groups say without access to rare earths, critical auto components can’t be manufactured.

China’s move to suspend exports of critical minerals in April disrupted global supply chains. Beijing sees it as leverage in the US-China trade war. 

Diplomats and business leaders from Japan, India, and Europe are racing to secure urgent talks with Beijing. 

The White House is monitoring the situation, with a call between President Donald Trump and Chinese President Xi Jinping expected soon.