China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other industries, minutes after an additional 10% tariff on Chinese goods imposed by U.S.

In a move that escalates the ongoing trade war, China has revealed stringent export restrictions on five metals crucial to multiple sectors including defense, clean energy, and various other industries,

Article discussing U.S. crude prices falling due to China's retaliatory tariffs and export controls on critical minerals, impacting the oil market.

China said on Tuesday it would restrict exports of five metals used in defence, clean energy and other industries in response to fresh U.S. tariffs, refraining from the outright export bans Beijing has previously used against Washington.