Canadian Miners Leverage China’s Rare Earth Ban to Counter Trump Tariffs
China’s recent restriction on rare earth mineral exports to the U.S. highlights the vulnerability of relying on single sources for critical materials. This action underscores the need for enhanced trade cooperation between Canada and the U.S., particularly given Canada’s significant mineral exports to its southern neighbor. Imposing tariffs on Canadian minerals would further disrupt supply chains and harm North American competitiveness. Companies like Teck Resources are already responding to the increased demand by exploring ways to increase production of vital minerals such as germanium.