EU, US near minerals deal to combat China’s controlBloombergThe EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. US and EU flags are arranged at the EU headquarters in Brussels on May 15, 2017. Countries are scrambling to secure critical minerals access after Beijing imposed sweeping export controls last year, including on rare earths, in response to US President Donald Trump’s tariffs. The EU-US plan also echoes similar statements in a news release from the EU, US and Japan in February. Bloomberg last month reported that the three nations were set to announce plans to lay the foundation for a critical minerals trade agreement.

Source: Taipei Times April 12, 2026 17:12 UTC