US Treasury Secretary Seeks Global Alliance Against China's Rare Earth Export Controls

Oct 16, 2025 03:11 am CST

US Treasury Secretary Scott Bessent calls for coordinated international response to China's rare earth export restrictions, emphasizing this is a global issue rather than a bilateral dispute. While maintaining that diplomatic channels remain open, Bessent criticized China's support of Russia through energy purchases and confirmed President Trump's upcoming meeting with President Xi despite recent threats of increased tariffs.