EU trade chief says bloc’s manufacturers have been harmed by controls on elements ‘absolutely essential for industrial production’.

EU trade chief says bloc’s manufacturers have been harmed by controls on elements ‘absolutely essential for industrial production’.

Automotive industry groups are increasingly worried about a rare earth shortage.

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.

China's decision to restrict exports of a range of rare earths and magnets has tripped up the supply chains central to automakers and aerospace manufacturers.