Jeff Pao
The Trump administration is pushing to build a 55-country critical minerals alliance to coordinate supply and pricing for niche metals vital to technology and defense. The initiative aims to reduce reliance on China, but Beijing remains confident that it will still dominate the market for years to come.
Speaking at the Munich Security Conference on February 14, United States Secretary of State Marco Rubio called on allies to form a coordinated framework to secure supplies of rare earths and other strategic minerals, claiming some nations used subsidies to undercut Western producers.
He argued that the end of the Cold War in 1991 created a “dangerous delusion” that Western-style liberal democracy was inevitable worldwide.
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