Breitbart Business Digest: The U.S.-China Rare Earths Crisis Has Been Building for Years
The rare earths crisis was always going to arrive eventually. The surprise is not that it happened, but how little we did to prepare.

The rare earths crisis was always going to arrive eventually. The surprise is not that it happened, but how little we did to prepare.

This month, the Supreme Court made a pivotal and deeply disappointing decision that could erode America’s foundational commitment to religious liberty and hand important resources over to our enemies.

A high-level Pakistani delegation to the United States, led by the former foreign minister and son of President Asif Ali Zardari, Bilawal Bhutto Zardari, praised President Donald Trump for brokering a ceasefire with India as the two nuclear-armed countries lobby U.S. lawmakers for support.

Authorities in the second-largest city in Kyrgyzstan, Osh, have removed a towering statue of Vladimir Lenin thought to be the tallest of the revolutionary Soviet leader in Central Asia.

The U.N. General Assembly elected a host of regimes with records of human rights abuses to the Economic and Social Council (ECOSOC) – including the genocidal state of China – on Wednesday, the 36th anniversary of the Tiananmen Square massacre.

Corporate investigators have reportedly discovered evidence that Chinese hackers infiltrated an American telecommunications company in the summer of 2023, suggesting that China’s attackers penetrated the U.S. communications system far earlier than publicly known.

Lawmakers with the ruling leftist Democratic Party in South Korea moved to pass legislation through the National Assembly potentially expanding the nation’s Supreme Court from 14 to 30 seats on Wednesday — hours after their leader, Lee Jae-myung, was inaugurated president.

The results of a survey published by two animal rights organizations this week found that eating dogs is highly unpopular in the city of Yulin, China – home to a gory spectacle in which dog traders mark the summer solstice by butchering thousands of dogs in the streets and eating their meat with lychees.

South Korea elected a leftist president this week with minimal foreign policy experience and a predisposition to seek dialogue with the country’s communist enemies – a prime opportunity for the Chinese Communist Party to improve relations with Seoul, potentially at the expense of the United States.

President Donald Trump confirmed plans on Thursday to visit China as soon as possible — and to host genocidal Chinese dictator Xi Jinping in America, as well.

“We’re going to solve a lot of problems together,” Trump said. “And we’re going to do it very soon.”

China’s decision to slow walk approvals for rare-earth components highlights a crucial vulnerability in the U.S. economy.

South Korean President Lee Jae-myung took office on Wednesday vowing to heal the deep political rift in the country caused by his predecessor’s attempt to impose military rule – and to attempt “dialogue” with the rogue North Korean regime.

Secretary of State Marco Rubio published a statement on Tuesday in anticipation of the 36th anniversary of the Tiananmen Square massacre, condemning the Chinese Communist Party for its indiscriminate slaughter of peaceful pro-democracy dissidents — and its attempts to erase the incident from history.

The leftist leader of the Democratic Party, Lee Jae-myung, won the South Korean presidential election on Tuesday.

Shocking video of a brawl erupting at a Disneyland resort has gone viral, as it shows one individual shoving a woman holding a small child.

Millions of South Koreans are expected to go to the polls on Tuesday to choose a president in a special election necessitated by one of the most chaotic periods of political turmoil in the modern history of the country.

China is marking the 36th anniversary of the 1989 Tiananmen Square massacre on Wednesday, believed to have resulted in the killing of as many as 10,000 anti-communist protesters.

Ecuador’s Production and Foreign Trade Ministry announced on Monday all packages shipped from China by companies such as Temu and Shein under a specialized personal courier shipping modality will be subject to a $20 tariff.

The election of Pope Leo XIV in May — the first modern pope known to have ever stepped foot in China — and his initial comments acknowledging the “trials” Chinese Christians face under communism inspire “cautious hope” in his Beijing policy, the president of International Christian Concern (ICC), Jeff King told Breitbart News.

The Taliban claims that over 5 million Afghans have come home since the fall of the U.S.-backed government in the country.

The Chinese Defense Ministry published an incensed screed condemning Secretary of Defense Pete Hegseth.

U.S. Defense Secretary Pete Hegseth warned at a national security conference in Singapore on Saturday that China remains an active strategic threat and urged allies to spend more on their own defense.

President Donald Trump informed U.S. Steel workers on Friday evening that the iconic American steel company will remain an “American company,” days after he revealed that there was a “planned partnership” between Japan’s Nippon Steel Corporation and the U.S. Steel Corporation.

Chinese Foreign Ministry spokeswoman Mao Ning complained on Thursday that it was “unjustified” and hypocritical for the United States to revoke the visas of students linked to the Chinese Communist Party.

The fragile trade agreement between the United States and China is under new strain, as Beijing appears to be dragging its feet on a key provision: the resumption of rare-earth mineral exports. According to reporting by The Wall Street Journal

U.S. Ambassador to Panama Kevin Cabrera on Thursday said that the United States is working together with Panama to eliminate “China’s malign influence” in the Panama Canal.

Two U.S. officials told Reuters on Friday that President Donald Trump is planning to increase arms sales to Taiwan as a means of deterring Chinese aggression.

Over 15 million South Koreans cast their ballots as of Friday during early voting session in anticipation of the June 3 special presidential election to replace ousted former President Yoon Suk-yeol.

India reported 7.4 percent economic growth between January and March 2025, coming in much higher than analyst predictions of 6.7 percent growth, and also much better than the 5.4 percent growth claimed by its regional rival China.

Lee Jae-myung, the left-wing presidential candidate leading in South Korea, suggests amending the constitution to make imposing martial law harder.

Nvidia CEO Jensen Huang has expressed concern over the increasing sophistication of Chinese AI technology, as US export restrictions continue to hamper the chipmaker’s access to the Chinese market.

Brazil’s Public Prosecutor’s Office (MPT) filed a public civil lawsuit against Chinese electric carmaker BYD on allegations the company subjected 220 Chinese nationals to conditions analogous to slavery and international human trafficking at its unfinished plant in Brazil.

President Donald Trump ripped China on Friday, announcing it “totally violated its” tariff de-escalation agreement with the United States.

President Donald Trump knows a good deal when he sees one. That’s why he’s bound for Pittsburgh, Pennsylvania, on Friday to headline a rally to celebrate Nippon Steel’s “planned partnership” with U.S. Steel thus flagging a final agreement could be on the horizon.

The German Foreign Ministry has produced a report for the European Union (E.U.) found China was responsible for approximately 80 percent of attempts to circumvent sanctions against Russia.

The Lowy Institute, a think tank based in Australia, published a report this week that warned developing nations are “grappling with a tidal wave of debt repayments and interest costs owed to China.”

The Chinese government issued a warning, the state-run Global Times reported on Monday, to its male citizens in Bangladesh discouraging the use of local matchmaking services or acceptance of offers to “buy” a wife — a growing threat to social stability as the nation’s marriage rate plummets and gender disparity skyrockets.

Nigerian Mining Minister Dele Alake announced on Monday that his government will commission two large lithium processing plants from Chinese firms this year, one of them valued at $600 million and the other at $200 million.

At least five people were killed on Tuesday when a huge explosion ripped through the Gaomi Youdao Chemical Company plant in Weifang, China.
