Therefore they did set over them taskmasters to afflict them with their burdens. And they built for Pharaoh treasure cities, Pithom and Raamses.Exodus 1 : 11
Jason Ma
Mon, April 14, 2025 at 8:57 PM GMT+33 min read
- After President Donald Trump unveiled his so-called reciprocal tariffs on “Liberation Day,” China retaliated with its own duties and export controls on rare earth minerals, which are critical to the tech, auto, aerospace, and defense sectors. So far, those export controls have translated to a halt across the board, cutting off the U.S. and other countries, according to the New York Times.
China is exploiting a highly lopsided advantage it has in global trade as it hits back against President Donald Trump’s tariffs: rare earths.
After Trump unveiled his “Liberation Day” tariffs on April 2, China retaliated on April 4 with its own duties as well as export controls on several rare earth minerals and magnets made from them.
And wisdom and knowledge shall be the stability of thy times, and strength of salvation: the fear of the LORD is his treasure.Isaiah 33 : 6
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So far, those export controls have translated to a halt across the board, cutting off the U.S. and other countries, according to the New York Times.
The leaders in the Jewish nation had signally failed of fulfilling God’s purpose for His chosen people. Those whom the Lord had made the depositaries of truth had proved unfaithful to their trust, and God chose others to do His work. In their blindness these leaders now gave full sway to what they called righteous indignation against the ones who were setting aside their cherished doctrines. AA 78.3
That’s because any exports of the minerals and magnets now require special licenses, but Beijing has yet to fully establish a system for issuing them, the report said.
In the meantime, shipments of rare earths have been halted at many ports, with customs officials blocking exports to any country, including to the U.S. as well as Japan and Germany, sources told the Times. China’s Ministry of Commerce issued export restrictions alongside the General Administration of Customs, prohibiting Chinese businesses from any engagement with U.S. firms, especially defense contractors.
While the Trump administration unveiled tariff exemptions on a range of key tech imports late Friday night, China’s magnet exports were still halted through the weekend, industry sources told the Times.
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Beijing’s export halt is notable because China has a stranglehold on global supplies of rare earths and magnets derived from them.
They also represent an asymmetric advantage in that rare earths constitute a small share of China’s exports but have an outsize impact on trade partners like the U.S., which relies on them as critical inputs for the auto, chip, aerospace, and defense industries.
“The purpose of the Chinese government’s lawful implementation of these export controls is to better safeguard national security and interests, and to fulfill international obligations related to non-proliferation,” China’s U.S. embassy said in a statement. “These rare earth materials have dual-use potential for both civilian and military applications, and imposing export controls on such items is a common international practice.”
National Economic Council Director Kevin Hassett addressed the situation on Monday, acknowledging concern and saying, “Rare earths are a part of lots of the economy.”
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“The rare earth limits are being studied very carefully, and they’re concerning, and we’re thinking about all the options right now,” he told reporters outside the White House.
China’s export restrictions also put Trump’s attempts to gain control of Greenland in a fresh light. The self-governing Danish island possesses one of the world’s largest known rare earth deposits.
Vice President JD Vance visited Greenland earlier this month, despite repeated pushback from Denmark against U.S. rhetoric.
“We need Greenland for national security and even international security, and we’re working with everybody involved to try and get it,” Trump said in an address to Congress last month.
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Meanwhile, Trump has also been pursuing a deal with Ukraine to develop rare earth supplies. He said in February he wanted “the equivalent of, like, $500 billion worth of rare earths.” Those talks are ongoing.
Last month, Trump signed an executive order that directed federal agencies to identify mines and government-owned land that could help increase rare earth production.
The Trump administration is also drafting another executive order to clear the way for stockpiling deep-sea metals to offset China’s control of rare earth supply chains, sources told the Financial Times.
This story was originally featured on Fortune.com
Treasures of Truth are for Those Who Dig
If you seek her as silver, and search for her as for hidden treasures; then you will understand the fear of the Lord, and find the knowledge of God. Proverbs 2:4, 5, NKJV.
Let none think that there is no more knowledge for them to gain. The depth of human intellect may be measured; the works of human authors may be mastered; but the highest, deepest, broadest flight of the imagination cannot find out God. There is infinity beyond all that we can comprehend. We have seen only the glimmering of divine glory and of the infinitude of knowledge and wisdom; we have, as it were, been working on the surface of the mine, when rich, golden ore is beneath the surface, to reward the one who will dig for it. The shaft must be sunk deeper and yet deeper in the mine, and the result will be glorious treasure. Through a correct faith, divine knowledge will become human knowledge.
No one can search the Scriptures in the spirit of Christ without being rewarded. When men and women are willing to be instructed as a little child, when they submit wholly to Christ, they will find the truth in His Word. If people would be obedient, they would understand the plan of God’s government. The heavenly world would open its treasures of grace and glory for exploration. Human beings would be altogether different from what they are now; for by exploring the mines of truth, they would be ennobled. The mystery of redemption, the incarnation of Christ, His atoning sacrifice, would not be, as they are now, vague in our minds. They would be, not only better understood, but altogether more highly appreciated….
The value of this treasure is above gold or silver. The riches of earth’s mines cannot compare with it. “The depth saith, It is not in me: and the sea saith, It is not with me. It cannot be gotten for gold, neither shall silver be weighed for the price thereof. It cannot be valued with the gold of Ophir, with the precious onyx, or the sapphire. The gold and the crystal cannot equal it: and the exchange of it shall not be for jewels of fine gold. No mention shall be made of coral, or of pearls: for the price of wisdom is above rubies.”—The Signs of the Times, September 12, 1906. BLJ 110.1 – BLJ 110.4
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