As Australia signs a rare earth deal with the U.S., China expands its restrictions on rare earth minerals. Now, President Trump threatens new tariffs on Chinese rare earths. Curt Hopkins, CEO of MCQ Markets, joins to explain what rare earth elements are, why they are vital to key industries like defense, energy, and technology, and how China came to dominate their production. He also discusses whether the U.S. is making meaningful progress in developing its own rare earth mining, and what challenges remain.

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