In early February, the Trump administration brought together more than 50 countries at the Critical Minerals Ministerial to challenge China's dominance in and weaponization of critical minerals—essential inputs for advanced technologies, energy infrastructure, and defense systems. "This is the first time the Trump administration has done something so large and so multilateral," says CFR economic security expert Heidi E. Crebo-Rediker. This was a strong signal ahead of President Trump's meeting with Chinese leader Xi Jinping in April, she says. President Trump also recently announced the creation of Project Vault, a stockpile of critical minerals, a public-private partnership.
This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy.
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