- Infowars - http://www.infowars.com -
Obama announces WTO case against China over rare earths
Posted By aaron On March 18, 2012 @ 10:42 am In Old Infowars Posts Style,Tile,World News | Comments Disabled
March 18, 2012
The United States, the European Union and Japan are filing a challenge with the World Trade Organization against China’s export restrictions on minerals that are crucial for the production of many high-tech devices, President Barack Obama announced Tuesday.
In a statement to reporters at the White House, Obama said the case seeks to force China to lift export limits on certain minerals known as rare earths.
China produces 97% of all rare earths, according to the European Union. The materials are used in products such as flat-screen televisions, smart phones, hybrid car batteries, wind turbines, energy-efficient lighting, electronics, cars and petroleum.
Article printed from Infowars: http://www.infowars.com
URL to article: http://www.infowars.com/obama-announces-wto-case-against-china-over-rare-earths/
Copyright © 2015 Infowars. All rights reserved.