Current Weather
The Spy FM

U.S. Accuses China Of Causing ‘Massive Distortions’ In Rare Earths Trade

Filed by KOSU News in World News.
March 13, 2012

Saying that “America’s workers and manufacturers are being hurt in both established and budding industrial sectors” by Chinese trade policies that cause “massive distortions and harmful disruptions in supply chains,” U.S. Trade Representative Ron Kirk confirmed this morning that the U.S. is challenging China over its alleged restrictions on trade of some materials that are important in the manufacture of cellphones, hybrid car batteries, electronics, cars and other products.

The U.S. is joining Japan and the European Union in seeking “consultations” with China at the World Trade Organization over trade in “rare earths.” President Obama Just outlined his administration’s case at the White House.

The Financial Times says that “China produces more than 90 percent of the world’s rare earths. Its stranglehold on global supplies caused alarm in 2010 when it temporarily halted exports to Japan after a diplomatic dispute. Beijing on Tuesday rejected the claims by the US, EU and Japan, saying China would ‘continue to implement effective management of rare earths exports in accordance with WTO regulations.’ “

The U.S. is also accusing China of unfair trade involving tungsten and molybdenum.

According to the Mother Nature Network, rare earths get that collective name because of “their elusive nature, since the 17 elements rarely exist in pure form. Instead, they mix diffusely with other minerals underground, making them costly to extract.”

What are the 17 elements? The network has the list here. How many have you heard of?

And for those of you of a certain age, here’s a link to that other Rare Earth. You can sing along if you wish. [Copyright 2012 National Public Radio]

Leave a Reply

3PM to 6PM All Things Considered

All Things Considered

For two hours every weekday, All Things Considered hosts Robert Siegel, Michele Norris and Melissa Block present the program's trademark mix of news, interviews, commentaries, reviews, and offbeat features.

Listen Live Now!

6PM to 6:30PM Marketplace

Marketplace

Hosted by Kai Ryssdal, award-winning Marketplace is public radio's daily magazine of business and economics.

View the program guide!

6:30PM to 7PM All Things Considered

All Things Considered

For two hours every weekday, All Things Considered hosts Robert Siegel, Michele Norris and Melissa Block present the program's trademark mix of news, interviews, commentaries, reviews, and offbeat features.

View the program guide!

Upcoming Events in your area (Submit your event today!)

Streaming audio and podcasts

Stream KOSU on your smartphone

Phone Streaming

SmartPhone listening options on this page are intended for many iPhones, Blackberries, etc. with low-cost software applications available to listen to our full-time web streams, both News on KOSU-1 and Classical on KOSU-2.

Learn more about our complete range of streaming services

We're perfecting the patient experience - Stillwater Medical Center