strategic minerals
US Seeks Global Coalition Including India Against China's Rare Earth Export Restrictions
Oct 15, 2025 09:10 am CST
US Treasury Secretary Scott Bessent has announced that Washington is seeking support from global allies, including India, to counter China's new export restrictions on rare earth elements. Describing the situation as "China versus the world," Bessent outlined potential countermeasures while confirming that planned talks between President Trump and Chinese President Xi Jinping would still proceed ahead of a November trade deadline.
China Expands Rare Earth Export Controls Ahead of Trump-Xi Meeting: Strategic Implications for Global Technology Supply Chain
Oct 10, 2025 01:35 am CST
China has implemented new export restrictions on rare earth elements and related technologies, extending control over these critical minerals essential for high-tech and military applications. The regulations require special approval for foreign companies to export products containing Chinese-sourced rare earths, raising concerns about global supply chains. With China controlling 70% of mining and 90% of processing capabilities, these restrictions come just weeks before a scheduled meeting between President Trump and President Xi, highlighting ongoing trade tensions and accelerating US efforts to develop independent rare earth supply chains.