Resource dominance reshaping Trump’s rivalry with China

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- China agreed to purchase at least $17 billion annually in U.S. agricultural products through 2028, restoring market access for American beef and poultry.
- China agreed to increase purchases of U.S. oil, according to U.S. officials, amid ongoing instability around the Strait of Hormuz.
- China pledged to address U.S. concerns about shortages of rare earths and other critical minerals.
- The Trump administration has launched emergency actions to accelerate domestic mining, expand refining capacity, and build strategic stockpiles of critical minerals, treating resource dominance as a geopolitical lever.
Why it matters: U.S. farmers secure a $17 billion annual market, while the United States cuts reliance on Chinese‑processed minerals, strengthening its military and industrial supply chains and limiting Beijing’s geopolitical leverage.

