Chain Reaction Podcast How China’s Monopoly on Rare Earths Trumps America’s Tariff Power
The global balance of power isn’t just about military might or economic sanctions—it’s increasingly about who controls the critical materials that power our modern world. China has masterfully positioned itself as the dominant force in rare earth elements, controlling 70% of mining and 90% of refining for these 17 elements essential to everything from smartphones to missile guidance systems. When faced with Trump’s tariffs, China responded not with matching broad strokes but with surgical pre…