US proposes ‘preferential trade bloc’ with price floors for critical minerals to rival China

The US is proposing a preferential trade bloc with price floors for critical minerals - aimed at displacing China as the global leader in mining and processing. Vice President JD Vance made the announcement in front of delegates from more than 50 countries - who are in Washington for the White House's inaugural Critical Minerals Ministerial summit. Toni Waterman has more.

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