#Firstpost China’s Rare Earth Chokehold: Can Trump Break It? | Firstpost PoV | N18G
China’s Rare Earth Chokehold: Can Trump Break It? | Firstpost PoV | N18G
Rare earths has emerged as a flashpoint in the escalating trade war between the US and China. China controls around 70% of rare earth mining and 85% of the refining, giving it a near-monopolistic hold on this crucial item. How did China develop this chokehold? What is Donald Trump doing to break it? Senior Journalist Terril Jones answers in conversation with Firstpost’s Prathik S Vinod.
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