The European Union is collaborating with G7 allies to address China’s recent imposition of export controls on rare earths, which the bloc’s trade commissioner Maros Sefcovic denounced as “unjustified.” China’s announcement of new export restrictions on rare-earth technologies, as the global leader in mineral production essential for magnets in automotive, electronics, and defense sectors, has already led to production halts by some EU companies, causing significant economic repercussions. Sefcovic emphasized that these controls directly impact civilian industries without relevant security or non-proliferation concerns, necessitating a united response from the EU.
Speaking to reporters in Denmark following discussions with EU ministers, Sefcovic underscored the urgency of a coordinated approach, emphasizing ongoing communication with G7 counterparts and direct engagement with China to seek resolutions. He also revealed plans to hold discussions with senior Chinese officials in the upcoming week. Meanwhile, US President Donald Trump declared intentions to impose additional 100 percent tariffs on Chinese goods in response to China’s rare earths measures, a move that has raised concerns globally.
Denmark’s Foreign Minister Lars Lokke Rasmussen, speaking alongside Sefcovic, lamented the escalation of trade tensions between the US and China, warning of potential repercussions on global trade that could reverberate in Europe.