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US warns world will ‘decouple’ from China if it imposes new export controls

Financial Times•Wednesday, October 15, 2025 at 5:19:37 PM
NegativeFinancial Markets
US warns world will ‘decouple’ from China if it imposes new export controls
The US has issued a stark warning that the global economy could 'decouple' from China if the country enforces new export controls on rare earths and critical minerals. Scott Bessent highlighted that Washington is prepared to retaliate against Beijing's policies, which could have significant implications for international trade and supply chains. This situation is crucial as it underscores the growing tensions between the two economic giants and raises concerns about the stability of global markets.
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