Close Menu
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
What's Hot

Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate

March 7, 2026

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

March 7, 2026

gold price prediction: Why are gold and silver prices rising now, and will precious metals begin their dream run again or continue to be volatile? Gold and silver jump, analysts insights and market outlook explained

March 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate
  • Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks
  • gold price prediction: Why are gold and silver prices rising now, and will precious metals begin their dream run again or continue to be volatile? Gold and silver jump, analysts insights and market outlook explained
  • Utilities Down, But not by Much, on Defensive Bias – Utilities Roundup
  • Municipal bonds offer a rare opportunity as yields climb, says Nuveen’s Dan Close
  • Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings
  • Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance
  • Income Tax Impact of Selling Precious Metals and Numismatics
Facebook X (Twitter) Instagram YouTube
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
Simply Invest Asia
Home»Industries»US warns China as Trump admin ramps up manufacturing, minerals push
Industries

US warns China as Trump admin ramps up manufacturing, minerals push

By LucasOctober 21, 20254 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


U.S. trade representative Jamieson Greer updates U.S.-China trade talks and President Donald Trump’s upcoming call with Xi Jinping on ‘Mornings with Maria.’

The United States is pushing back against what it regards as China’s latest attempt to intimidate foreign firms investing in America’s industrial revival.

In a fiery statement issued Monday, U.S. Trade Representative Jamieson Greer accused Beijing of launching “retaliatory actions” aimed at discouraging private companies from supporting U.S. manufacturing—particularly in shipbuilding and other critical sectors.

“China’s recent retaliatory actions against private companies across the globe are part of a broader pattern of economic coercion to influence American politics and control global supply chains by discouraging foreign companies from investing in America’s shipbuilding and other critical industries,” Greer said.

The ambassador added that China’s intimidation efforts and targeting of “critical industrial sectors for dominance” will not deter the U.S. from reviving its shipbuilding base.

TRUMP ADMIN SLAMS CHINA’S ‘GLOBAL POWER GRAB’ ON RARE EARTHS, THREATENS TRIPLE-DIGIT TARIFFS

Jamieson Greer

Jamieson Greer, US trade representative, during an Economic Club of New York luncheon in New York, US, on Tuesday, Sept. 30, 2025.  (Victor J. Blue/Bloomberg via Getty Images / Getty Images)

“We remain committed to defending our companies, securing supply chains, and encouraging allied investment in America’s industrial future,” Greer said.

Greer’s statement follows a series of moves by the Trump administration to strengthen U.S. and allied control over strategic resources. Earlier this week, President Trump and Australian Prime Minister Anthony Albanese announced an $8.5 billion partnership to expand rare earth and critical mineral production—part of a joint effort to reduce dependence on Chinese suppliers.

TRUMP, AUSTRALIAN PM SIGN $8.5B CRITICAL MINERALS DEAL TO COUNTER CHINA DOMINANCE IN RARE EARTHS

Under the deal, Washington and Canberra will jointly invest billions in mining and processing projects while streamlining permitting and setting price floors to stabilize supply. The agreement also limits the sale of strategic mineral assets to potential adversaries and promotes recycling and mapping of geological reserves.

Split image of Chinese President Xi Jinping, left, and President Donald Trump, right.

President Donald Trump calls China tariffs unsustainable but necessary, announcing he will meet Chinese President Xi Jinping in South Korea soon.  (Lintao Zhang/Getty Images; Rebecca Noble/Getty Images / Getty Images)

The move marks one of the largest cooperative industrial initiatives between the two allies in years and is widely viewed as a direct response to Beijing’s tightening control over rare earth exports.

The White House’s push to secure critical minerals has already begun reshaping U.S. industrial strategy, prompting major firms to revisit domestic mining opportunities.

Cleveland-Cliffs, a major Ohio-based steelmaker, recently announced plans to extract rare earth elements from its mining sites in Michigan and Minnesota. Chief Executive Lourenco Goncalves said the company has an “obligation” to help reduce America’s dependence on China for critical materials used in everything from smartphones to defense systems.

TRUMP TARIFF GAMBLE FACES TEST AS CHINA HALTS MINERAL EXPORTS

“American manufacturing shouldn’t rely on China or any foreign nation for essential minerals, and Cliffs intends to be part of the solution,” Goncalves said during an earnings call.

The initiative aligns with the administration’s broader effort to rebuild domestic supply chains and ensure the U.S. retains control of inputs vital to national security.

mining facility

Rare-earth mine in Baiyun’ebo or Bayan Obo. Baiyun’ebo or Bayan Obo is a mining town in Inner Mongolia in China.  (Bert van Dijk/Getty Images / Getty Images)

The renewed focus on critical minerals comes amid escalating economic tensions between Washington and Beijing. President Trump has warned of “massive” tariffs if China continues restricting exports of rare earths—materials essential for electric vehicles, consumer electronics, and missile guidance systems.

CLICK HERE TO GET THE FOX BUSINESS ON THE GO

Beijing’s export curbs have drawn sharp condemnation from U.S. officials, who describe them as an attempt to weaponize global supply chains and pressure companies to steer clear of American markets.

FOX Business’ Eric Revell and Reuters contributed to this report. 



Source link

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related Posts

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

March 7, 2026

Invoking emergency powers, India asks oil refiners to ramp up LPG output

March 7, 2026

UK Lords warn of AI impact on creative industries

March 7, 2026
Leave A Reply Cancel Reply

Our Picks

The Case for Value Investing in 2026

December 2, 2025

Fallout’s Cooper Howard Joins McFarlane with Red Platinum Figure

October 24, 2025

Australia sanctioned these Russian oil tankers. Data shows they’re still infiltrating supply

October 25, 2025

Manufacturing industry has the highest staff retention in the UK – study

October 31, 2025
Don't Miss

Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate

By LucasMarch 7, 2026

Welcome to our Live Forex Rates section – Here you will find live prices for…

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

March 7, 2026

gold price prediction: Why are gold and silver prices rising now, and will precious metals begin their dream run again or continue to be volatile? Gold and silver jump, analysts insights and market outlook explained

March 7, 2026

Utilities Down, But not by Much, on Defensive Bias – Utilities Roundup

March 7, 2026
Our Picks

Latest UK Car Insurance Statistics – Updated July 2025

November 23, 2025

Silver rate today: Precious white metal likely to rise 18% more in 2026, say analysts

February 21, 2026

Silver consolidates amid USD rebound, Fed rate cut anticipation

November 28, 2025
Weekly Pick's

Track Cycling World Championships: Emma Finucane wins silver for GB in women’s keirin

October 26, 2025

Tax Implications of Putting an Investment Account in a Trust: Rules and Requirements

March 7, 2026

Artificial-Intelligence-Driven Approach Powers the Next Phase of Commercial Real Estate Strategy

November 20, 2025
Monthly Featured

Precious metals extend rally as silver price surpasses $90

January 15, 2026

Best PS5 deals for Black Friday 2025, on PS5 Pro, controllers and more

November 29, 2025

Terra Industries, founded by two young Nigerians, raises $11.75 million

January 14, 2026
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2026 Simply Invest Asia.

Type above and press Enter to search. Press Esc to cancel.