
Critical minerals at core of Trump-Xi talks as US ups its game in race to rival Beijing
Despite a two month extension to the US-China trade truce, Washington is trying to quickly close the gap on Beijing’s dominance of critical minerals access.

Despite a two month extension to the US-China trade truce, Washington is trying to quickly close the gap on Beijing’s dominance of critical minerals access.

The complaint takes aim at the EU’s decision to “review and revise” the water directive and address “potential bottlenecks” in accessing critical raw materials.

The EU’s successful push back on a US pricing plan for critical minerals and more commitments on sanctions and defence support for Ukraine were the main breakthroughs at the French-hosted G7 summit – which is followed immediately by an EU summit.

The Trump administration has been pushing a plan for minimum pricing of critical minerals shaped by a Pentagon-drafted formula. But EU leaders fear this could replace one dependency (China) with another (the US).