Yogthos on Nostr: China's zero-license policy is for all practical purposes, as a complete embargo on ...

China's zero-license policy is for all practical purposes, as a complete embargo on American access to Chinese tungsten.

The genius of this approach is its deniability. When Congressional staffers or trade officials or investigative journalists inquire about the status of tungsten exports to the United States, MOFCOM can truthfully state that no export ban exists.

https://substack.com/inbox/post/182671299

#usa #china #tradewar