NioCorp Developments WKN: A3D7SC ISIN: CA6544846091 Kürzel: NB Forum: Aktien User: vasili

Bessent: China "Made A Real Mistake" By Threatening To Curb Rare Earth Exports Bessent told Financial Times in a new interview that the US will secure alternative supplies within “12 to 24 months” and also said of China's threat: “China has alerted everyone to the danger. They’ve made a real mistake. It’s one thing to put the gun on the table. It’s another thing to fire shots in the air.” Despite recent disruptions triggered by China’s rare earths controls, he believes Beijing can no longer use these minerals as leverage: “I don’t think they’re able to do it now because we have offsetting measures.” The Trump administration has made reshoring manufacturing and securing critical materials a central priority, arguing the US became dangerously dependent on foreign supply chains — particularly China. https://www.zerohedge.com/markets/china-made-real-mistake-rare-earth-export-threats-sec-bessent-says