Scott Bessent says China’s rare‑earth threat was a strategic blunder

Scott Bessent, the U. S. Treasury Secretary, said China “made a real mistake” when it tried to use its grip on rare earths as a weapon. Speaking to the Financial Times in an interview published Friday, Scott said both governments had reached a kind of balance before China decided to “fire shots” by threatening to cut […] source: https://www.cryptopolitan.com/scott-bessent-chinas-rare%e2%80%91earth-threats/