Rare Earth Minerals Dispute in U.S.-China Trade Talks

SOURCE www.breitbart.com
The U.S.-China trade talks in London highlighted the longstanding issue of China's dominance in the global supply of rare earth minerals. The U.S. is now trying to regain leverage in the strategic resource market.

Key Points

  • China's near-monopoly on rare earth minerals poses a national security risk for the U.S.
  • The U.S. is seeking to address this issue through tariff talks and strategic planning
  • The current situation highlights the need for diversified supply chains in key industries

Pros

  • Increased awareness of the strategic importance of rare earth minerals
  • Efforts being made to reduce dependency on China for rare earths

Cons

  • Historical lack of action leading to vulnerability in the rare earths supply chain