#Trump suspended some sales to #China of critical US #tech, including those related to jet #engines, #semiconductors & certain #chemicals. The move is a response to China’s recent restrictions on exports of critical #minerals to the US, a decision by Beijing that has threatened to cripple #US #SupplyChains.
The new limits are pushing the world’s largest economies a step closer toward #SupplyChain #warfare, as the US & China flex their power.
#economy #inflation #recession
https://www.nytimes.com/2025/05/28/business/economy/jet-engine-chip-software-exports-to-china.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=7CCDCC0C-771C-410D-88B8-DE625C471B8D