Reported about 16 hours ago
President Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals deal aimed at enhancing U.S. access to Australian rare earth resources, directly countering China's recent export restrictions. This agreement precedes Trump's diplomatic tour in Asia, which includes visits to Malaysia and Japan ahead of a pivotal meeting with Chinese President Xi Jinping in South Korea next week. While Trump promotes the deal as a step towards reducing reliance on China, analysts caution that the U.S. still faces significant challenges in achieving self-sufficiency in rare earth production.
Source: YAHOO