Us treasury secretary scott bessent revealed on monday that washington expects support from its allies and friends, including india, over its attempt to counter china's. Us treasury secretary scott bessent on wednesday said washington will work closely with its allies, including india, to prepare a fulsome group response to china’s latest. Seeing india as a possible ally against china on the issue of rare earths, us treasury secretary scott bessent has slammed beijing over its new export levies on minerals that are used.
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Amid escalating trade tensions with china over its export restrictions on rare earth minerals, us treasury secretary scott bessent has said that washington expects support. Us treasury secretary scott bessent has called for a united international response to china ’s recent export restrictions on rare earth elements, with a particular. As competition for critical minerals intensifies, the united states has reached out to india and europe for support in curbing china’s dominance over rare earth supplies.
Us treasury secretary scott bessent has warned that washington and its allies will not allow beijing to proceed unchecked with its new export restrictions on rare earth.
After months of tariff tensions, washington is courting india, europe and allies to jointly resist beijing’s rare earth restrictions that threaten global supply chains and key. Amid escalating trade tensions with china over its export restrictions on rare earth minerals, us treasury secretary scott bessent has said that washington expects support. Beijing’s new rules, announced on october 9, require companies — both chinese and foreign — to obtain government approval to export any product containing more than 0.1% rare earth.