China's dominance over critical minerals, including rare earths, poses a national security risk as it leverages supply chain control to assert global power. Beijing has employed aggressive tactics like state subsidies, currency manipulation, IP theft, forced technology transfer, overcapacity, market exclusion, dumping, forced labor, and lax environmental standards to achieve industrial supremacy.

This economic aggression has allowed China to dominate key sectors such as steel, aluminum, shipbuilding, solar panels, batteries, pharmaceuticals, medical supplies, telecommunications, drones, robotics, machine tools, and advanced electronics. The global community is now recognizing the threat posed by China's monopolistic practices.

Similar to efforts during the Covid-19 pandemic, the U.S. government is now assisting American companies in addressing these national-security needs. This marks a crucial step toward breaking China's chokehold on vital resources.