China restricts exports on key chipmaking metals

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China on Monday announced export restrictions on two metals used in the manufacturing of semiconductors. Pool Photo by Doug Mills/UPI | License Photo July 4 (UPI) -- China is imposing export restrictions on two metals used in the manufacturing of semiconductors, deepening a trade conflict between Beijing and democratic nations over the all-important chips. China's commerce ministry announced the implementation of export controls on gallium and germanium Monday, stating it was done "in order to safeguard national security and interests." Advertisement The regulations require exporters to secure a license to ship the two metals and related products starting Aug. 1,...