{"id":61366,"date":"2025-10-22T11:56:30","date_gmt":"2025-10-22T15:56:30","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=61366"},"modified":"2025-10-22T11:56:30","modified_gmt":"2025-10-22T15:56:30","slug":"solving-the-rare-earth-trade-problem","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=61366","title":{"rendered":"Solving The Rare Earth Trade Problem"},"content":{"rendered":"

On Monday, The Epoch Times<\/a> reported that President Trump has signed a trade agreement with Australian Prime Minister Anthony Albanese which will counter China’s monopoly on rare earth minerals.<\/p>\n

The article reports:<\/p>\n

U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Oct. 20 signed a rare earths agreement at the White House, outlining plans for both countries to jointly invest more than $3 billion<\/a> in critical minerals projects over the next six months.<\/strong><\/div>\n

The White House announced that recoverable resources from these projects are valued at an estimated $53 billion, as both countries work to counter China\u2019s global dominance in the sector.<\/strong><\/p>\n

Trump on Oct. 20 welcomed Albanese to the White House for their first formal meeting to discuss a wide range of bilateral issues, including trade, defense, and the nuclear submarine partnership.<\/strong><\/p>\n

The article concludes:<\/p>\n

Australia views China as an increasing threat.<\/strong><\/div>\n

During the meeting, Trump noted that Beijing is paying high tariffs to the United States. He also reiterated his plans to meet with Chinese Communist Party leader Xi Jinping soon.<\/strong><\/p>\n

\u201cI think China has been very respectful of us,\u201d Trump said, while highlighting the billions of dollars in tariffs paid by the communist country.<\/strong><\/p>\n

Existing 55 percent levies will increase to 155 percent if Xi and Trump don\u2019t come to terms when the two meet in South Korea in the next two weeks.<\/strong><\/p>\n

\u201cI expect we\u2019ll probably work out a deal with President Xi of China,\u201d Trump said. \u201cIt\u2019s going to be very exciting. I think we\u2019re going to work something out that\u2019s good for both countries.\u201d<\/strong><\/p>\n

Trump said the United States has leverage because domestic companies sell many airplanes, parts, and components to China.<\/strong><\/p>\n

\u201cThey threatened us with rare earths, and I threatened them with tariffs, but I could also threaten them with many other things, like airplanes,\u201d Trump said. \u201cYou know about airplanes because they can\u2019t get parts for their airplanes. We build their airplanes.\u201d<\/strong><\/p>\n

He suggested China is in a losing position regarding trade.<\/strong><\/p>\n

\u201cI believe that they\u2019re in big trouble, and I don\u2019t want them to be in big trouble,\u201d Trump said.<\/strong><\/p>\n

China has been working to build a monopoly on rare earth minerals for many years. It was shortsighted of western nations not to counter their efforts much earlier. Hopefully this effort is not too late.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Monday, The Epoch Times reported that President Trump has signed a trade agreement with Australian Prime Minister Anthony Albanese which will counter China’s monopoly on rare earth minerals. The article reports: U.S. President Donald Trump and Australian Prime Minister … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[18643,10589,12653,12407],"class_list":["post-61366","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-australian-prime-minister-anthony-albanese","tag-president-trump","tag-rare-earth-elements","tag-the-epoch-times"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/61366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61366"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/61366\/revisions"}],"predecessor-version":[{"id":61367,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/61366\/revisions\/61367"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}