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Ray Dalio warns China that restricts rare earth metals would be "great escalation" of commercial war @ Forex Factory

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From cnbc.com

Ray Dalio, co-founder of the largest security fund in the world, announced on Wednesday that a move from the Chinese to restrict the production and export of rare earth metals to the United States would constitute a major escalation "of the long-standing trade war between The world's two largest economies .In a blog post on LinkedIn, Bridgewater Associates said Dalio that such metals are critical to many US technology companies that are at the forefront of innovation. "Refined rare metals are a critical import that US companies do not produce and need to come from China to produce many necessary products in the United States, such as … full story )



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