Trump Team Outlines Push for Rare Earths in Meeting With Executives

The White House held a meeting with technology and recycling companies to discuss strategies for increasing the production of permanent magnets using rare earth elements. This move is seen as a response to the ongoing trade war with China, as rare earth elements have become a critical point of leverage. The meeting aimed to explore ways to quickly scale up production and reduce reliance on Chinese imports of these essential materials, which are used in a wide range of high-tech products, including smartphones, electric vehicles, and military equipment. Participants discussed potential policy changes, investment incentives, and technological advancements that could help accelerate the domestic production of rare earth-based magnets. The meeting reflects the Trump administration's efforts to address supply chain vulnerabilities and strengthen the United States' position in the global competition for critical materials.