China’s latest round of rare-earth export controls gives the country dominion over precious resources — regulations have far-reaching implications for the semiconductor industry

Last week, a new round of the U.S.-China trade war commenced. China imposed export controls on a new set of rare earth materials and the methods of their processing, which may impact a variety of products and industries. More importantly, China expanded its export control framework beyond raw materials, now reaching actual products and complex devices made outside of China. This means that a product produced anywhere in the world, but containing rare earth materials from China, may be subject to…