Vance Pushes Critical Minerals Trading Bloc to Counter China
Vice President JD Vance called for allies to form a critical minerals trading bloc aimed at securing supply chains and countering China’s dominance in rare earths, proposing tariffs to stabilize prices and boost production. The push comes alongside the Trump administration’s “Project Vault” stockpiling plan, as Washington seeks to reduce dependence on Beijing for materials essential to technology, defense, and industry.
