Natalie Kittrow

Is this normal?

Like, do countries typically make their trade rules this specific, this in-depth so as to control every aspect of how a product is used?

Can I ask, Keith, do you agree with Besson's assessment that this is China pulling out a bazooka?

And how should we interpret the fact that China's decided to do this now?

Is that a sign that the Chinese government has kind of reached a point of no return in these negotiations, that they're using what sounds like one of their biggest points of leverage?

And for the rest of us, for the rest of the world, what are the implications?

We'll be right back.

Let's talk about what you mean, Keith, when you said this could be extremely damaging.

Spell out for me what kind of damage we'd be looking at in the U.S.

with these restrictions.

What about the national security implications of this?

Because you've told us rare earths go into missiles, go into a ton of military equipment.

Fascinating.

This clearly has pretty big consequences for Europe, which is honestly kind of surprising.

I thought this was a U.S.-China trade war.

Why is China now putting the screws to Europe?

Listening to you, Keith, I have to say, it does seem as though China has the ability to inflict just enormous pain with this.

If China is willing to go this far in the trade war, it does seem fair to say that they have the upper hand.

It's interesting.

It's like China in trying to show the world, look, you really can't live without us.