US warns China as Trump Admin consolidates production, pushes minerals

The United States has pushed back against what it sees as China’s latest attempt to intimidate foreign firms that have invested in an industrial stimulus.

In a fiery statement released on Monday, US trade representative Jamieson Greer accused Beijing of introducing “retaliatory actions” aimed at discouraging private companies from moving to US manufacturing and other critical sectors.

“The recent retaliatory actions against private companies around the world are part of a broader pattern of economic coercion to influence American companies and control foreign industries by preventing investment in American shipyards,” Greer said.

The ambassador added that China’s intimidation efforts and proposals for “key industrial sectors to dominate” will not prevent it from renewing its naval base.

Trump Admin Slams ‘Global Power Grob’ on Rare Earths, Threatens Triple-Digit Prices

“We remain committed to protecting our companies, securing supply chains and encouraging future investment in the industry,” Greer said.

Greer’s statement follows a series of moves by the Trump Administration to strengthen and consolidate control over strategic resources. Earlier this week, President Truec and Australian Prime Minister Anthony Alvune announced a $8.5 billion partnership to expand the rare earth and joint production to reduce dependence on Chinese suppliers.

Trump, Australia PM Sign $8.5B in Critical Minerals to Counter China’s Dominance in the Rare World

Under the agreement, Washington and Canberra will jointly invest billions in the development and implementation of projects while allowing for the harmonization and setting of prices to produce crops. The agreement also restricts the sale of strategic mineral assets to competitors who may develop and promote the re-alignment and mapping of geological reserves.

President Donald Trump calls China tariffs unsafe but necessary, he will meet with Chinese President Xi Jinping in South Korea soon. (Lintao Zhang/Getty Images; Rebecca Noble/Getty Images/Getty Images)

The move marks one of the largest industrial collaborations between the two industries in many years and is widely seen as a direct response to global warming management.

The White House’s push to protect critical minerals has already restarted the industrial strategy, moving large firms to return to domestic mining opportunities.

Cleveland-Cloffs, a large wetmaker based in Ohio, later announced plans to extract rare earths from its mining sites in Michigan and Minnesota. CEO Loureenco Goncalves said the company has an “obligatory” deal to help reduce America’s dependence on China for critical equipment used in everything from defense systems.

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“American manufacturing should not rely on China or any foreign nation for essential minerals, and Cliffs intends to be part of the solution,” said Goncalves during the earnings call.

The Initiative aligns with the administration’s broader effort to build domestic supply chains and ensure that US Retats control of imports essential to national security.

Rare-Earth Mine at Baiyun’ebo or Bayan Obo. Baiyun’ebo or Bayan Obo is a mining town in Inner Mongolia, China. (Bert van Dijk/Getty Images/Getty Images)

The renewed focus on critical minerals comes amid escalating economic tensions between Washington and Beijing. President Trump has warned of “massive” tariffs if China continues to block the world’s rare exports – key components for electric vehicles, consumer electronics, and lost steering systems.

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Beijing’s Export Cuter has drawn sharp condemnation from US officials, described as an attempt to damage supply chains and pressure companies to clear American markets.

Fox Business’ Eric Resell and Reuters contributed to this report.