In terms of what China has done in retaliation. Definitely taken action on rare earths and other critical minerals. All shipments of the 7 new REEs added to export control list stopped last weekend. The impact will be major, it just takes time to ripple through the system. While there could still be pullback from this, looks like the gloves are off, at least here. We are speaking to clients who are pretty freaked out about this. No alternatives in most cases.
In terms of what China has done in retaliation. Definitely taken action on rare earths and other critical minerals. All shipments of the 7 new REEs added to export control list stopped last weekend. The impact will be major, it just takes time to ripple through the system. While there could still be pullback from this, looks like the gloves are off, at least here. We are speaking to clients who are pretty freaked out about this. No alternatives in most cases.