💰💵 Briccs and Paper: Panic in Global Markets
Currently, the global fight over these rare Earth minerals has put a spotlight on a critical component automakers need for their assembly lines—neodymium magnets.
Global markets could be in for another major shock as the two nations with the largest economies diverge on their decades-long trade policies.
Washington and Beijing are increasingly at odds over trade, especially concerning rare minerals and tariffs. China dominates the global supply of rare Earth minerals, holding over 90% of the known supply.