US Squeezes China's Jet Parts Supply As Rare Earth Showdown Escalates

US Squeezes China's Jet Parts Supply As Rare Earth Showdown Escalates If you want an indication that resource nationalism and Beijing's weaponization of critical material exports to gain leverage over the US in high-stakes trade negotiations are accelerating, a new report Thursday afternoon says the Trump administration is planning to slow shipments of commercial jet parts to China. Reuters cites several people familiar with the Commerce Department's moves to slow export licensing and limit the quantities of jet parts approved for shipment to China's state-owned planemaker COMAC to prevent stockpiling. Officials have also explored new licensing requirements covering aviation hydraulic fluid and rules that could make it...

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