How Trump and Biden’s Focus on Minerals Became Core to U.S. Foreign Policy How Trump and Biden’s Focus on Minerals Became Core to U.S. Foreign Policy
The New York Times
China dominates in critical minerals, and President Trump has turned to high-pressure tactics to acquire them.
President Trump’s intense interest in Ukraine’s minerals seemed to come from out of the blue.
He dispatched his Treasury secretary to Kyiv this month to negotiate with Ukraine’s leader, then began ratcheting up the pressure publicly in what appeared to critics like a Mafia don’s extortion scheme.
“I want security of the rare earth,” he said.
But critical minerals have been on Mr. Trump’s mind since at least 2017, when he signed an executive order on them during his first term. They also caught the attention of President Joseph R. Biden Jr.
And Mr. Trump’s recent comments on Ukraine’s assets were not the first time in his new term that he has mentioned taking over a country’s mineral holdings.
The president has talked about acquiring minerals in Greenland and Canada. Prime Minister Justin Trudeau of Canada told a group of business leaders that Mr. Trump’s focus on Canada’s minerals meant his threats to annex the country were “a real thing.”
