China’s Rare-Earth Export Controls Are Critical Concern for EU, Trade Chief Says

China's recent export controls on rare earth materials are raising significant concerns for the European Union, according to Trade Chief Maros Sefcovic. He highlighted that these measures are creating substantial challenges for European companies, especially amid escalating tensions between Brussels and Beijing. This situation is critical as rare earth elements are essential for various industries, and the EU's reliance on China for these materials could impact its economic stability and technological advancements.