China's decision to curb shipments of gallium, germanium and other key metals to the U.S. underscores the need for trade cooperation between mineral-rich Canada and the U.S., the Mining Association of Canada said Wednesday.

As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of "a trade war that has no winners."

China isn’t short of options when it comes to critical minerals that could be used as counters in a trade war with the US.