Beijing's export halt is notable because China has a stranglehold on global supplies of rare earths and magnets derived from them. They also represent an asymmetric advantage in that rare earths constitute a small share of China's exports but have an outsize impact on trade partners like the U.S., which relies on them as critical inputs for the auto, chip, aerospace, and defense industries. read more
On Tuesday, police announced Alton Williams, 25, was arrested on a murder charge in connection with the case. He is white, allowing us to print his name.
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