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Greer, Bessent blast China over rare earth export curbs

Financial Express Chennai

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October 17, 2025

TOP US OFFICIALS on Wednesday blasted China’s major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by Washington to decouple from the world’s second-largest economy.

- DAVID LAWDER AND ANDREA SHALAL

US trade representative Jamieson Greer said that China’s new export restrictions were a “global supply-chain power grab” and the US and its allies would not accept the restrictions. However, Greer and Treasury Secretary Scott Bessent also stressed that Washington did not want to escalate the conflict, which has roiled financial markets and sent US-China relations into a tailspin. As of Tuesday night, US President Trump was still e

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