Automotive executives worldwide are sounding the alarm for an impending lack of magnets and rare earths from China – used in everything, from wiper engines to wheel antimlocoa sensors – which could lead to the closure.

In a letter from May 9th, released yesterday, to officials of the Trump government, the head of the commercial team representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers expressed serious concerns.

“Without reliable access to some minerals and magnets, car suppliers will not be able to produce many car accessories, such as automatic gearboxes, throttle butterfly bodies, exchangers, various engines, sensors, seat belts, speakers, lights, motorcycles, hydraulic steering wheel.”the alliance wrote about innovation in the automotive industry in the Trump government.

The letter, which was also signed by MEMA, the Association of Vehicle Suppliers, added that, without these basic car accessories, it would be only a matter of time to have serious problems in the US plants.

“In severe cases, this could include the need for a reduced volume of production or even shutdown of vehicle assembly lines”, The teams mentioned.

Both Alliance’s CEO, John Bozela, as well as MEMA’s chief executive, Bill Longstated to Reuters Friday that the problem has not been resolved and the situation remains alarming. They expressed their gratitude for Trump’s high -level commitment to prevent disturbances in US car production and supply chain.

Bozella noted that the issue of the automotive industry was on the agenda of the Minister of Finance’s talks Scott Bessed and the US Commercial Representative JIMISON GRIR With their Chinese counterparts in Geneva earlier this month.

Greer told CNBC on Friday that China has agreed to lift restrictions on exports of rare earth magnets to US companies and is not moving quickly enough to allow access to basic US industries. “We have not seen the flow of some of these critical minerals as they are supposed to do.”

Worldwide, China, which processes more than 90% of the magnets used in all (from cars and fighter aircraft to home appliances), has imposed restrictions on the early April demanding exporters to receive licenses from Beijing.

Exports of rare earth magnets from China declined by half in April, as companies faced an opaque process of applications for licenses that sometimes require hundreds of pages of document.

In a social media post on Friday, President Donald Trump accused China of violating the terms of an agreement reached this month to temporarily remove duties and other commercial restrictions.

“China, perhaps not so strange to some, has completely violated her agreement with us.”Trump said in a post on the Truth Social platform.

China’s embassy in Washington responded by saying that the US was the ones who abuse export controls in the semiconductor.

An American official with knowledge of the conversations told Reuters That only duties and Chinese non -tariff countermeasures were covered in the Geneva talks and that US export controls were not part of the agreement.

The official also expressed his disappointment that Beijing seems to be moving slowly towards the implementation of promises to issue rare land export licenses, which could triggerI retaliation To control the exports from Washington, if the automakers that are vulnerable to minerals are forced to stop production.

While several licenses have been granted, including some Volkswagen suppliers, India’s automakers say they have not been licensed and should stop production in early June.

The German Bosch spare parts company said this week that its suppliers have been stuck in China’s strict processes to obtain export licenses.

A Bosch spokesman described the process as “Complex and time -consuming, partly because of the need to collect and provide a lot of information”