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Global EconomyVideosChina's Critical Minerals Chokehold
Emerging MarketsGlobal EconomyDefenseCommodities

China's Critical Minerals Chokehold

•February 18, 2026
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Council on Foreign Relations
Council on Foreign Relations•Feb 18, 2026

Original Description

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.
To learn more about how the United States can change its policies to get ahead of China's chokehold on critical minerals, read CFR's new report "Leapfrogging China's Critical Minerals Dominance: How Innovation Can Secure U.S. Supply Chains:" https://www.cfr.org/reports/leapfrogging-chinas-critical-minerals-dominance.
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