PDB Afternoon Bulletin | April 15th, 2025: China Halts Rare Earth Exports In Latest Retaliation & Illegal Border Crossings Plummet To Record Lows

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Who is Mike Slater and what is Politics by Faith podcast about?

Mike Baker 0:00
My name is Mike Slater. I have a podcast called Politics by Faith. I was just talking to a friend of mine who said he hasn't been able to follow the news lately. It's been too much. It's too crazy. It's driving him crazy. And he's just checked out. If you feel that way sometimes too, I think you'll really like our podcast, Politics by Faith. We take the main story of the day and we run it through the Bible. What does the Bible say about this? It's amazing, but it's all there. And then God tells us what to do. We don't even have to figure it out. The answers are right there. He gives us the answers. Politics by faith. Please join us over there. You can listen to it wherever you're listening to this podcast right now. Politics by faith.

What are the latest developments in the US-China rare earth export conflict?

Mike Baker 0:50
It's Tuesday, the 15th of April. Welcome to the PDB Afternoon Bulletin. I'm Mike Baker, your eyes and ears on the world stage. All right, let's get briefed. We'll start things off with a troubling update in the global trade war as China cuts off exports of essential rare earth minerals, halts all jet orders from Boeing, and suspends all purchases of aircraft equipment from American companies. Later in the show, we turn to the U.S. southern border, where according to new data from U.S. Customs and Border Protection, illegal migrant crossings have dropped to a record low under the second Trump administration. But first, today's afternoon spotlight. The US-China tariff war, have you heard about it?
Mike Baker 1:34
Well, it's taking another alarming turn as China stops shipments of essential rare earth metals and magnets, raising alarms for US industries reliant on Beijing's mineral monopoly. In their latest retaliation to President Trump's 145% trade tariff, the Chinese government ordered restrictions on the export of seven heavy rare earth metals processed or refined exclusively in China.

Why are rare earth metals critical to US industries and how is China leveraging this?

Mike Baker 1:59
It's an attempt, apparently, to choke off supplies of components critical to the operations of U.S. automakers, aerospace manufacturers, semiconductor companies, and military contractors. China's stranglehold over the elements are a powerful arrow in their quiver, as 60% of all rare earth materials are produced in China, and more than 90% are processed there. That's according to a report from the New York Times. Additionally, the Chinese Communist Party, the CCP, has halted exports of rare earth magnets, 90% of which are also produced in China. Are you starting to see a trend here? These rare earth magnets, which are significantly more powerful than any other types, are essential for building electric motors that are used in the production of electric vehicles, drones, robots, missiles, and spacecraft, as well as, for example, the steering systems in gas-powered cars. Drew Horn, who served as the top U.S.
Mike Baker 2:56
official on strategic minerals during Trump's first term, told the New York Post, "...rare earths are in everything. China has essentially created an all-powerful monopoly with them. They have that leverage to basically cut off the U.S. and cut the world off, and now they're doing it." The export halt applies to all countries, and going forward, the metals and magnets can only be shipped out of China with special export licenses, though China has yet to set up a system for issuing such permits. While it's not clear when access will be granted to foreign companies, A major chemical supplier in Los Angeles told the New York Times that Chinese officials have indicated it may take up to 45 days for export licenses to start being issued. Now, I can't overstate the importance of these elements to U.S. industry, as they're used in everything from consumer electronics to defense technology.
Mike Baker 3:52
The various minerals are critical to the manufacturing of jet engines, drones, cars, robots, and computer chips just to name a few of their applications. US companies do not hold large emergency stockpiles of these elements, meaning that current supplies could rapidly run low, handicapping the manufacturing process and risking major production disruptions.

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