The European Union is ready to retaliate against China’s export restrictions on rare earths, commission chief Ursula von der Leyen said in a hardline speech on Saturday.
“In the short term, we are focusing on finding solutions with our Chinese counterparts. But we are ready to use all of the instruments in our toolbox to respond if needed. And we will work with our G7 partners on a coordinated response,” von der Leyen told the Berlin Global Dialogue conference.
She also announced a new plan to…