China's Rare Earth Grip: An Immediate Threat?
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Is China about to cripple American tech? A former Commerce Secretary warns China's control of rare earth minerals—essential for everything from EVs to fighter jets—poses an immediate threat. With China dominating refining, a new export system could choke off supplies, potentially forcing factory shutdowns. What's Washington's plan? Embargoes could backfire, even triggering a blockade of Taiwan. The race to build domestic alternatives is on, but is it too late?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.