Potential US-China Trade “deal”highlights US dependence on China's rare earth minerals
1. U.S. reaches a tentative trade deal with China on rare earth minerals. 2. China dominates rare earth production, producing over 70% globally. 3. U.S. retains only two rare earth mining centers, lagging in production capacity. 4. Rare earth minerals critical for defense technologies like missiles and fighter jets. 5. Trump's deal may reverse Chinese export restrictions with uncertain long-term implications.