Trump-Xi Summit: America’s F-35 Rare Earths 'Weakness' China Won’t Forget Despite ‘Deals’ Rush

1944 views | Oct 29, 2025, 09:39:41 PM | TOI.in
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As Donald Trump and Xi Jinping prepare to meet in Seoul, the world watches for signs of a US-China trade thaw. But behind the headlines, Trump has been quietly securing rare earth deals across Asia — minerals that power everything from AI chips and EVs to fighter jets. China controls nearly 90% of global rare earth supply, giving Beijing enormous leverage. From billion-dollar agreements with Australia to MOUs with Japan and Southeast Asia, Trump’s mission is to reduce dependence on China. Will his rare earth shopping spree reshape global power or prove too little, too late?