TAIPEI (Reuters) -Most rare earth materials used in Taiwan are supplied by Europe, the United States and Japan, but the impact of China’s new curbs on the semiconductor industry still needs to be assessed, the island’s economy ministry said on Sunday.

China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for chip users as Beijing tightens control over the sector ahead of talks between Presidents Donald Trump and Xi Jinping.

Taiwan’s economy ministry said in a statement about China’s new rules said that most rare-earth-related materials needed domestically are supplied by Europe, the United States and Japan.

“The impact on the operation of the semiconductor industry still requires further stocktaking and assessment. We will c

See Full Page