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Japan Urges G7 Unity Against China's Rare Earth Controls

10/17/2025

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Summary

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Japan's Finance Minister Katsunobu Kato called for a unified G7 response to China's export controls on rare earths.
Speaking in Washington, he warned the restrictions broadly affect industries such as automotive and defense.
Kato urged G7 solidarity during International Monetary Fund (IMF) and World Bank meetings.
The regulations require foreign firms to obtain government approval before exporting certain rare earth elements, escalating tensions with the United States.

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Story summary

Japan's Finance Minister Katsunobu Kato called for a unified G7 response to China's export controls on rare earths.
Speaking in Washington, he warned the restrictions broadly affect industries such as automotive and defense.
Kato urged G7 solidarity during International Monetary Fund (IMF) and World Bank meetings.
The regulations require foreign firms to obtain government approval before exporting certain rare earth elements, escalating tensions with the United States.