G-20 Calls to Shield Critical Minerals From Sweeping Trade Curbs

The Group of 20 called for greater protection of critical minerals from unilateral trade actions, in a veiled reference to China’s sweeping export curbs unleashed during Donald Trump’s trade war.

“We seek to ensure that the value chain of critical minerals can better withstand disruptions whether due to geopolitical tensions, unilateral trade measures inconsistent with WTO Rules, pandemics, or natural disasters,” the group said in a proposed draft document seen by Bloomberg News.

China weaponized its chokehold on critical minerals earlier this year as its trade spat with the US ramped up, imposing a licence system that throttled the ...