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As it is known, the tension in trade relations between the United States and China in May 2019 reached a new level. Raising tariffs on Chinese goods and the actual ousting of «Huawei» from the US market was a powerful blow to the basis on which modern China developed. Restrictions or a total ban on the supply of rare earth elements to the United States may be one of the responses from the Chinese side. It should be noted that China is a monopolist in the export of rare earth elements today. Beijing, threatening to open a new front in a trade war with the United States, believes that these