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US calls for critical minerals trading bloc
The Trump administration has put aside its tariff threats, and is calling for a new trade bloc to focus on critical minerals. Ministers from 55 countries attended talks in Washington aimed at reducing their reliance on China, which dominates the production and processing of the elements. Meanwhile, Japan hopes to revolutionise its own mineral supplies, becoming the first country to retrieve deep-sea mud containing rare earth elements.
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By FRANCE 24 English
5
44 ratings
The Trump administration has put aside its tariff threats, and is calling for a new trade bloc to focus on critical minerals. Ministers from 55 countries attended talks in Washington aimed at reducing their reliance on China, which dominates the production and processing of the elements. Meanwhile, Japan hopes to revolutionise its own mineral supplies, becoming the first country to retrieve deep-sea mud containing rare earth elements.
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