Following Trump's tariffs, China cut off supplies, prompting MP Materials to seek independence while the defense industry pivots under the influence of the Defense Production Act and historical precedents.
1 report, 1 independent
Updated Jul 17
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What happened
Following Trump's tariffs, China cut off supplies, prompting MP Materials to seek independence while the defense industry pivots under the influence of the Defense Production Act and historical precedents.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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MP Materials
American Rare Earth materials company
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Related events
- Trump administration advances US-China trade negotiations, lifting export restrictions and enabling potential access to Chinese minerals.
- Trump threatened to impose high tariffs on goods imported from China.
- China may increase its purchases of US goods, though fundamental US-China competition is expected to continue.
- The White House alleges China is committing tariff fraud by dodging tariffs, using official customs data.
- Trump visited Beijing to discuss energy deals, leading CNOOC to consider US investments amid ongoing trade war tariffs.
Coverage
Newest first; wire copies grouped- BloombergFeinberg Brings Wall Street Drive to Rare-Earth Minerals Push (Bloomberg) -- Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: