
China has stepped up its trade war with the U.S., now targeting some major American brands and defense tech. One of the latest moves? Imposing export restrictions on rare earth elements like samarium, gadolinium, and dysprosium. These materials are crucial for making high-tech military gear like F-35 jets and submarines. The catch? China holds a huge chunk of the world’s supply of these elements, which puts a big strain on the U.S. supply chain. On top of that, Beijing has stopped Boeing orders and is weighing more actions against U.S. companies. Looks like the rivalry between these two superpowers is getting even more intense.