The Trump administration is expected to unveil its grandest yet plan to rebuild the supply chains of critical minerals for everything from jet engines to smartphones. That's likely to be done through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve meant to counter China’s dominance. Vice President JD Vance will speak Wednesday at a meeting that Secretary of State Marco Rubio is hosting with officials from several dozen European, Asian and African nations. The U.S. government is expected to sign agreements on supply chain logistics. The moves come after China, the top rare earths miner and processor, choked off the flow of the elements in response to Trump’s tariff war.
