Here's How Intel Could Be Affected by the United States' Rare Earths Trade With China
Rare earths were just one of many issues that arose during the salvos of the recent trade war between the United States and China. The tensions between the two nations seem to have eased -- a little at least -- with the nations' recent announcement of a 90-day pause regarding the recently heightened tariffs.But a 90-day pause doesn't mean the strife between Washington and Beijing has been resolved.Businesses, naturally, are watching the negotiations closely -- especially tech companies like Intel (NASDAQ: INTC), which relies heavily on rare earths. With China a powerful player in the supply of rare earths, investors will also want to keep a close eye on how the two nations proceed with respect to the coveted minerals. Intel's growth plans, after all, could be greatly impaired if the trade war starts to escalate again.Continue reading
Rare earths were just one of many issues that arose during the salvos of the recent trade war between the United States and China. The tensions between the two nations seem to have eased -- a little at least -- with the nations' recent announcement of a 90-day pause regarding the recently heightened tariffs.
But a 90-day pause doesn't mean the strife between Washington and Beijing has been resolved.
Businesses, naturally, are watching the negotiations closely -- especially tech companies like Intel (NASDAQ: INTC), which relies heavily on rare earths. With China a powerful player in the supply of rare earths, investors will also want to keep a close eye on how the two nations proceed with respect to the coveted minerals. Intel's growth plans, after all, could be greatly impaired if the trade war starts to escalate again.
