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US proposes critical minerals trade bloc aimed at countering China
The United States aims to coordinate with allies to set price floors and tariffs for critical minerals, with 55 countries attending the ministerial to reduce China’s supply dominance.
- The US has proposed a preferential trade bloc with allies for critical minerals aimed at countering China's dominance in the sector.
- Vice President JD Vance unveiled plans to establish coordinated price floors for critical minerals through adjustable tariffs to support pricing integrity within the trade bloc.
- The move aims to encourage private investment in mining and processing projects by guaranteeing minimum prices, reducing reliance on cheaper Chinese supply.
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100 Articles
100 Articles
US to form trade zone for critical minerals with allies' backing to counter China's dominance — why it matters
US President Donald Trump's administration hosted a Critical Minerals Ministerial event to counter China's dominance. The event was attended by delegates from 54 countries and highlighted new mining investments and supply chain concerns.
·New Delhi, India
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U.S. wants to create a critical minerals trading bloc with its allies to counter China
The Trump administration announced Wednesday that it wants to create a critical minerals trading bloc with its allies and partners, using tariffs to maintain minimum prices and defend against China’s stranglehold on the key elements needed for everything from fighter…
·Johnstown, United States
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Coverage Details
Total News Sources100
Leaning Left15Leaning Right15Center32Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 24%
C 52%
R 24%
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