GRACELIN BASKARAN: Rare earths crisis will pass but, for now, the US is in a corner
The recent rare earth export restrictions serve as a stark reminder of the strategic importance of minerals
12 June 2025 - 05:00
The US and China are at the negotiating table again this week — and yet again, it’s because of the rare earths supply chain.
On April 4 China’s commerce ministry implemented export controls on seven rare earth elements in retaliation for US President Donald Trump’s tariffs on Chinese goods. A month later, US and Chinese officials met in Switzerland and agreed to a 90-day tariff truce, along with the removal of US firms from a Chinese trade blacklist that would enable them to access these minerals. ..
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