US EditionUS proposes critical minerals trade bloc aimed at countering China
The U.S. aims to coordinate price floors, tariffs, and subsidies with allies to stabilize critical minerals markets and reduce China’s 70% dominance, officials said.
- 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.
84 Articles
84 Articles
US proposes rare earth trading bloc with allies
The US is pursuing deals with allies to shore up critical mineral arsenals and blunt China’s ability to disrupt global supply chains. Washington’s talks with Japan, Mexico, and the EU — days after US President Donald Trump announced a $12 billion critical mineral stockpile — focus on implementing price floors for rare earths, to counter Beijing’s pricing power and political leverage stemming from its dominance in mineral processing. The US secre…
U.S. wants to create 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 jets to smartphones. Vice President JD Vance said the U.S.-China…
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