There is an interesting article in today's Wall Streey Journal regarding Huawei China's top developer of semiconductor chips and more. The most recent development, recently announced relates to a joint effort between Huawei and Beijing based Cambricon Technologies to develop chips with similar capabilities to Nvidia's H20 chips which are now restricted...
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Category: Uncategorized
Here’s what rare earth minerals are found on the ocean floor, where they are, who is doing the mining and how
Jeffrey A. Newman
Many rare earth minerals have been found on the ocean floor including yttrium, lanthanum, cerium and neodymium and other rare earth elements are found embedded within polymetallic nodules, cobalt rich crusts and hydrothermal vent deposits. These are critical for electronics, renewable energy technologies and defense applications....
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Countries other than China that have the capacity to mine and process rare earth minerals and efforts to explore the U.S. reserves
Jeffrey A. Newman
China has halted its sale of rare earth minerals to the United States. In early April, Beijing engaged major export controls on seven rare earth elements used in everything from laser-guided weapons to MRI machines. The restricted elements include samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttriumārequire...
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China goods falsely labelled as Malaysian to evade US tariffs according to reports
According to recently news articles , online sellers in the United States are being loaded with with suspicious offers to evade tariffs on Chinese goods, and Malaysiaās name is being misused as part of the scheme. Bloomberg Has reported that China-based freight brokers are allegedly rerouting products through Malaysia and...
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Mongolia has extensive deposits of rare earth minerals including copper, Neodymium, Cerium Samarium and it is helping the U.S.
Jeffrey A. Newman
Mongolia, which borders China, is one of the world's most promising countries for rare earth elements (REEs), with estimated reserves ranging from 21 million to 31 million tons, potentially making it second only to China in terms of total reserves.Ā These resources are distributed across multiple deposits,...
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South Korea seizes $20 million in fraudulent “made in Korea” Chinese goods all to evade U.S. tariffs
According to recent news reports, South Kores found $20.8 Million worth of goods including cathode materials used in batteries, surveillance cameras and other electrronics al made in China but that were marked Made in Korea. All of these products were headed to the United States and the false...
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White House considering cutting China tariffs to de-escalate tensions
According to an exclusive artickle released by the Wall Street Journal, the White House is presently considering cutting its steep tariffs on Chinese imports in some cases by half, according to "people familiar with the matter." The article also says that the final decision hasn't been made quite yet but it...
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South Korea finds Chinese goods relabelled for US tariff fraud on the rise
COUNTRY OF ORIGIN VIOLATIONS
Jeffrey A. Newman
Seoul's customs agency has revealed that it has found millions of US dollars worth of Chinese exports were disguised to evade the tariffs imposed by the U.S. Government on Chinese goods. The products, made in Mainland Chine, were marked...
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Energy Fuels, U.S. based, is poised to produce six of seven rare earth oxides subject to China’s new export control restrictions
Jeffrey A. Newman
Energy Fuels, a U.S. producer of uranium, rare earth elements and other critical minerals, says that it has developed the technology required to produce six (6) of the seven (7) rare earth oxides, at scale, that are now...
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For products imported to the U.S. the importer has the responsibility to make sure the marked country of origin is accurate
When products are imported into the United States and marked with a country of origin, the primary responsibility for ensuring that the marking is accurate rests with the importer of record. The importer must ensure that every article of foreign origin is properly and accurately marked in a legible, indelible, and permanent...
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