Trump Hosts Central Asian Leaders for Rare Earth Deal

On November sixth, President Trump hosts Central Asian leaders at the White House to discuss securing rare earth metals, crucial for high-tech devices. This comes after a temporary easing of US-China tensions over these elements, with China delaying new export restrictions. The US seeks to reduce reliance on China, which currently controls nearly 70% of global rare earth mining and 90% of processing. Central Asia, with significant reserves and half of the worlds uranium, is a key player. A bipartisan group of senators introduced legislation to repeal Soviet-era trade restrictions, and Secretary of State Mike Pompeo welcomed the leaders, highlighting new economic opportunities. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.