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Trump Escalates Trade War: U.S. Eyes Rare Minerals

10/13/2025

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Summary

Story summary

President Donald Trump has intensified trade-war threats against China over rare earth minerals, urging revival of U.S. mining to reduce dependence.
China has imposed export restrictions on key minerals, raising concerns about U.S. military readiness.
JPMorgan Chase & Co. announced a $1.5 trillion initiative to invest in sectors vital for U.S. economic security, including rare minerals.
Lawmakers want new domestic sources to avoid supply shocks.

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Story summary

President Donald Trump has intensified trade-war threats against China over rare earth minerals, urging revival of U.S. mining to reduce dependence.
China has imposed export restrictions on key minerals, raising concerns about U.S. military readiness.
JPMorgan Chase & Co. announced a $1.5 trillion initiative to invest in sectors vital for U.S. economic security, including rare minerals.
Lawmakers want new domestic sources to avoid supply shocks.