European Commissioner for Trade Maroš Šefčovič took aim at China after an EU trade ministers' meeting in Denmark on Tuesday, considering the EU “cannot stand by” since Beijing announced export controls on rare earth-related technologies.
“Over the last couple of days, we've been again reminded how unfortunately commodities, product sensitive technologies could be weaponized, and how Europe has to be ready,” Šefčovič said as he was describing the impact of new Chinese controls on rare earth on EU business.
