Vance says US seeks to create a critical minerals trading bloc with its allies to counter China
WASHINGTON (AP) — The Trump administration wants to create a critical minerals trading bloc with its allies that will use tariffs to maintain price floors and defend against China’s tactic of flooding the market to undermine any potential competitors. Vice President JD Vance said Wednesday that the trade war over the past year exposed how dependent most countries are on the critical minerals that China has a stranglehold on. “We want members to form a trading bloc among allies and one to...
Read MoreWed, 04 Feb 2026
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