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this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed fo...

together with its partners if necessary. these key metals are important research for automotive parts and pay a role in future autonomous cars. these two metals are also crucial to make semiconductors. taiwan's tsmc, the world's largest contract chip maker says it doesn't expect any direct impact on its production. despite the statement, the shares plunged almost 3% in trading in taiwan, over concerns of growing tensions, and the us secretary's visit to beijing. a top chinese trade adviser says that this is just the start, sending a not—so—subtle message to the americans just bef...