7 Articles
7 Articles
China is playing its trump card and is starting to control all exports of rare earths. This will hit both the military industry and consumers in the West. “A turning point,” says analyst Neha Mukherjee.
Trump admin slams China’s 'global power grab' on rare earths, threatens triple-digit tariffs
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer spoke on Wednesday about what they refer to as a “global power grab” by China. The Trump administration officials held a press conference during which they said they are “constantly focused on the Chinese chokehold on the world of rare earth and rare earth materials.” Bessent insisted that Washington did not want to escalate a trade conflict with China, stressing that …
US May ‘Extend Tariff Truce’ If China Delays New Rare Earth Rule
The United States could consider extending a 90-day tariff truce it reached with China if Beijing delays its new curbs on rare earth elements and magnets, US Treasury Secretary Scott Bessent said on Wednesday. “Right now we are currently in a 90-day roll on the tariffs. So, is it possible that we could go to a longer roll in return for a delay? Perhaps, but you know, all that’s going to be negotiated in the coming weeks,” Bessent said at a press…
Arafura Rare Earths drops back to 40c, but latest Trump-China spat promises good things
Gina Rinehart-backed Arafura Rare Earths (ASX:ARU) has given back some of Tuesday’s gains on Wednesday morning, dropping back to 40cps, but with the latest Trump-China critical minerals spat set to define the foreseeable future, it’s likely some may view the pullback as a chance to snatch more. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.…
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