Reuters World News China’s critical minerals, metal tariffs, Dutch immigration and Spain’s ghost towns
Jun 4, 2025
Global automakers express concern over China's critical minerals restrictions, which could disrupt supply chains. The U.S. increases tariffs on steel and aluminum, intensifying trade tensions. In the Netherlands, a far-right leader pushes hardline immigration policies amid political turmoil. Meanwhile, Madrid tackles its housing crisis by revitalizing 'ghost towns,' allowing developers to repurpose abandoned spaces. Innovative solutions, like dissolvable plastics, emerge to combat ocean pollution, highlighting the interconnectedness of these pressing global issues.
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China Dominates Rare Earths
- China controls more than 90% of rare earth minerals production and processing globally.
- This dominance impacts industries reliant on rare earth magnets, including tech and defense sectors.
US Increases Steel Tariffs
- US tariffs on steel and aluminum imports doubled to 50%, aiming to pressure trade rivals.
- Despite talks, only the UK reached a preliminary trade agreement with the US.
Wilders Bets on Immigration Focus
- Dutch far-right leader Geert Wilders calls snap election to leverage immigration concerns.
- Political uncertainty grows amid voter focus on security, cost of living, and Ukraine war.