US-China rare earths dynamics: Scott Bessent slams Beijing's restrictions
US Treasury Secretary Scott Bessent criticizes China's rare earth export controls, stating the US and allies are rapidly building independent supply chains. He accuses past US administrations of inaction, emphasizing the current government's "warp speed" efforts to counter Beijing's leverage. Bessent believes the global backlash may deter future Chinese restrictions.
US Treasury Secretary Scott Bessent criticizes China's rare earth export controls, stating the US and allies are rapidly building independent supply chains. He accuses past US administrations of inaction, emphasizing the current government's "warp speed" efforts to counter Beijing's leverage. Bessent believes the global backlash may deter future Chinese restrictions.
