Xi Jinping holds $1.2 trillion rare earths leverage over US before Trump visit
Updated
Updated · Bloomberg · Apr 29
Xi Jinping holds $1.2 trillion rare earths leverage over US before Trump visit
13 articles · Updated · Bloomberg · Apr 29
Bloomberg Economics estimates about 4% of US GDP, or $1.2 trillion, relies on rare earth-dependent industries.
China’s dominance in rare earths supply chains positions Xi with significant economic leverage ahead of his summit with President Trump in Beijing next month.
Most US industries lack viable substitutes for rare earths, and some could face shutdowns if China disrupts supply, intensifying trade and diplomatic stakes.
How vulnerable are US defense systems to a sudden cutoff of Chinese minerals?
Could rare-earth-free technology make China's mineral dominance worthless?
Beyond China, which nations will become the new power brokers in rare earths?
Can the US build a secure mineral supply chain without repeating past environmental damage?
Will the global scramble for rare earths derail the world's green energy transition?