Big worry! China’s grip over rare earth magnets sends Indian auto industry into a spin; delegation of industry people eye China visit
Wednesday, 11 June 2025 () Indian auto industry representatives are seeking China's approval to expedite rare earth magnet imports, crucial for EV production. China's export restrictions on these materials, implemented in April, are causing potential production delays
President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking point in talks. Surprisingly, China will face only 10% tariffs, while the U.S. will impose 55% on...
The EU has raised alarms over severe disruptions caused by China’s rare earth export restrictions, which have slashed supplies to key industries, including auto manufacturing. Exports to Germany..
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The U.S.-China tariff conflict continues to escalate as China denies any plans for a phone call between President Xi Jinping and President Trump, contradicting White House claims. With trade tensions..
The Indian government is assisting the auto industry in securing rare earth magnets from China by facilitating communication and ensuring compliance with export... IndiaTimes