China has near global monopolies on these exports, accounting for 98% of global gallium production, 93% of germanium production, and 49% of antimony production.

  • horse_battery_staple@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    20 days ago

    Are they going to ban these exports to Taiwan and the EU as well? If not this will have zero affect for the state actors and the US will just buy through a trading proxy at a higher cost.

    Idiotic policy on both sides. The global trade genie is out of the bottle, only end users will pay the price for these policies.

    • UnderpantsWeevil@lemmy.worldOP
      link
      fedilink
      English
      arrow-up
      1
      ·
      20 days ago

      If not this will have zero affect for the state actors and the US will just buy through a trading proxy at a higher cost.

      I’d define that as an effect, particularly given how the US has been scrambling to insource its tech industry over the last four years. TMSC just ramped up a competitive chip fab in Arizona, for instance.

      Idiotic policy on both sides.

      The argument boils down to each country claiming they need additional security measures aimed at a geopolitical rival. The ramp up to war never looks smart until one side wins.

  • Cornelius_Wangenheim@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    20 days ago

    Germanium and gallium are not that rare. They’re produced as a byproduct of other types of mining (zinc, aluminum, coal, etc). China has a monopoly on them not because of any kind of special geology, but because they were willing to sell them below cost for decades.

    It won’t take long for alternative sources to spin up and become available, especially because China has been threatening to do this for over a year.