Washington to Accuse China of Leveraging World Trade to Undermine US Security - Reports
The US Defense Department has found in a study, commissioned by President Donald Trump, that Beijing was deliberately flooding world markets with strategic goods to sabotage US suppliers, media said, citing sources
MOSCOW (Pakistan Point News / Sputnik - 03rd October, 2018) The US Defense Department has found in a study, commissioned by President Donald Trump, that Beijing was deliberately flooding world markets with strategic goods to sabotage US suppliers, media said, citing sources.
According to the Foreign Policy newspaper, the review has found that the Chinese authorities are intentionally monopolizing the world's supplies of rare-earth minerals and other strategic material used in US missiles, rockets and jets to undermine US defense capabilities.
The study will be released in the near future, the media added.
US-China trade war took a new turn and extended to the security sector last month after Trump sanctioned a key Chinese military unit for buying Russian weapons and accused Beijing of meddling in the upcoming US midterm elections.