US-China Pact Gives America a Year to Chase Its Own Mineral Gold

avatar

Ever wonder what powers your electric car or smartphone? It's often rare earths—those unique metals buried deep in the earth that China mostly controls. But here’s some positive news: the U.S. recently signed an agreement with China that provides valuable time to develop its own reserves, avoiding a possible shortage in green technology.

On November 1, 2025, President Donald J. Trump shook hands on a one-year trade break during talks in Asia. The agreement lifts China's tight grip on exporting rare earth elements. No more sudden halts that could stall factories. U.S. Treasury Secretary Scott Bessent called it a "smart pause," hoping to wrap details soon. It's not forever—restrictions could snap back in 2026—but it feels like a win after months of tense haggling. America relies on China for over 70 percent of these minerals, fueling everything from EV batteries to fighter jets.
Shortages could jack up prices and slow the shift to cleaner energy. This deal lets U.S. firms lookout mines in Australia or ramp up recycling plants back home. For now, it eases the squeeze.

It's me, @justmythoughts, an ordinary Hive user looking to make the most of the platform. I will appreciate your support. Follow me for more. Thanks, Gracias :)

Posted Using INLEO



0
0
0.000
0 comments