Washington, April 14 -- As tensions in the trade war between the US and China rise, Beijing has halted the export of several critical metals, rare earth elements, and magnets. This move threatens to disrupt supplies to the West for essential components used in weapons, electronics, aerospace, automakers, semiconductor industries, and consumer goods.

According to a report from The New York Times, the Chinese government is drafting new export regulations. While these policies are being finalized, shipments of magnets, crucial for manufacturing a wide range of products, have already been halted at several Chinese ports. Once the new regulations are in place, they could potentially restrict supplies to certain companies, including American m...