America is rebuilding its rare earth supply chain — but killing demand

Do Trump's attacks on electric vehicles and wind sabotage the US rare earth magnet revival?

China’s controls on exports of rare earths and magnets this year have fundamentally changed the calculus in Washington and in corporate boardrooms. Securing alternative production has become imperative, and real money is now flowing into US magnet manufacturing, the key product that relies on rare earths.

This week Treasury Secretary Scott Bessent visite…