Ray Dalio, the co-founder of the largest hedge fund in the world, warned Wednesday that a move by the Chinese to restrict the production and export of rare earth metals to the U.S. would constitute a “major escalation” of the protracted trade war between the globe’s two largest economies. In a blog post on LinkedIn, Bridgewater Associates’ Dalio said that such metals are essential to many American technology companies working at the cutting edge of innovation. “Refined rare metals are a critical import that American companies don’t produce and need to get from China to produce many needed products in the U.S. such as ... (full story)
https://www.forexfactory.com/news/920040-ray-dalio-warns-china-restricting-rare-earth-metals
2019-05-30 06:06:00Z
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