Trump's Takeover of Canadian Rare Earths Miners Raises Concerns
The Trump administration has invested in companies like Trilogy Metals, MP Materials, and Lithium Americas, doubling down on critical minerals.
Alex Kimani, a finance writer and researcher, notes that the U.S. stock market plunged after President Donald Trump threatened to increase tariffs on Chinese products due to China's control of the rare earths market.
President Donald Trump threatened "a massive increase of tariffs on Chinese products" due to China's strict control of the rare earths market.
Beijing has increased export controls for five more rare-earth metals, bringing the total number of critical minerals under export control to 12.
Author's summary: Trump's investment in rare earths miners sparks concerns.