China cuts exports of vital rare earth minerals as trade war with U.S. intensifies

China’s leader is touring Southeast Asia and portraying Beijing as the anchor of world economic stability. Xi Jinping’s efforts come after the U.S. levied a blanket 10 percent tariff on goods coming in and steeper rates on China. Beijing is now restricting the export of minerals critical to everything from American cell phones to fighter planes. Nick Schifrin discussed more with Gracelin Baskaran.

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