Turning the tide on China’s dominance of the rare earth market is possible. Here's what it would take

The US Federal Aviation Administration grounded all flights nationwide on Friday afternoon. The FAA notice said the ground stop was being imposed “due to extraordinary circumstances and for reasons of safety”. However, the government didn’t provide any details about the reason. This is the first nationwide ground stop since January 2023, when a key FAA computer system malfunctioned. Before that, the last time had been after the September 11, 2001 terrorist attacks.

The European Commission is moving to shield its industrial machinery and chemical sectors from Chinese imports, and is weighing a “kill switch” mechanism. Together with Washington, Brussels has settled into a familiar narrative: a record trade deficit with China is framed as proof of its “overcapacity” and attributed to state subsidies that allegedly tilt the global playing field. For European Union audiences frustrated by stagnant domestic manufacturing, this argument sounds intuitive. Held up.

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