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The Wall Street Publication > Blog > Economy > US doubles down on Trump admin push to rebuild industrial base amid China stress
Economy

US doubles down on Trump admin push to rebuild industrial base amid China stress

Editorial Board Published October 21, 2025
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US doubles down on Trump admin push to rebuild industrial base amid China stress
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U.S. commerce consultant Jamieson Greer updates U.S.-China commerce talks and President Donald Trump’s upcoming name with Xi Jinping on ‘Mornings with Maria.’

The US is pushing again towards what it regards as China’s newest try and intimidate overseas corporations investing in America’s industrial revival.

In a fiery assertion issued Monday, U.S. Commerce Consultant Jamieson Greer accused Beijing of launching “retaliatory actions” geared toward discouraging non-public firms from supporting U.S. manufacturing—notably in shipbuilding and different essential sectors.

“China’s recent retaliatory actions against private companies across the globe are part of a broader pattern of economic coercion to influence American politics and control global supply chains by discouraging foreign companies from investing in America’s shipbuilding and other critical industries,” Greer mentioned.

The ambassador added that China’s intimidation efforts and concentrating on of “critical industrial sectors for dominance” is not going to deter the U.S. from reviving its shipbuilding base.

TRUMP ADMIN SLAMS CHINA’S ‘GLOBAL POWER GRAB’ ON RARE EARTHS, THREATENS TRIPLE-DIGIT TARIFFS

Jamieson Greer, US commerce consultant, throughout an Financial Membership of New York luncheon in New York, US, on Tuesday, Sept. 30, 2025.  (Victor J. Blue/Bloomberg by way of Getty Photographs / Getty Photographs)

“We remain committed to defending our companies, securing supply chains, and encouraging allied investment in America’s industrial future,” Greer mentioned.

Greer’s assertion follows a sequence of strikes by the Trump administration to strengthen U.S. and allied management over strategic sources. Earlier this week, President Trump and Australian Prime Minister Anthony Albanese introduced an $8.5 billion partnership to increase uncommon earth and significant mineral manufacturing—a part of a joint effort to scale back dependence on Chinese language suppliers.

TRUMP, AUSTRALIAN PM SIGN $8.5B CRITICAL MINERALS DEAL TO COUNTER CHINA DOMINANCE IN RARE EARTHS

Beneath the deal, Washington and Canberra will collectively make investments billions in mining and processing initiatives whereas streamlining allowing and setting worth flooring to stabilize provide. The settlement additionally limits the sale of strategic mineral belongings to potential adversaries and promotes recycling and mapping of geological reserves.

Split image of Chinese President Xi Jinping, left, and President Donald Trump, right.

President Donald Trump calls China tariffs unsustainable however needed, saying he’ll meet Chinese language President Xi Jinping in South Korea quickly.  (Lintao Zhang/Getty Photographs; Rebecca Noble/Getty Photographs / Getty Photographs)

The transfer marks one of many largest cooperative industrial initiatives between the 2 allies in years and is broadly seen as a direct response to Beijing’s tightening management over uncommon earth exports.

The White Home’s push to safe essential minerals has already begun reshaping U.S. industrial technique, prompting main corporations to revisit home mining alternatives.

Cleveland-Cliffs, a serious Ohio-based steelmaker, lately introduced plans to extract uncommon earth parts from its mining websites in Michigan and Minnesota. Chief Govt Lourenco Goncalves mentioned the corporate has an “obligation” to assist cut back America’s dependence on China for essential supplies utilized in every part from smartphones to protection programs.

TRUMP TARIFF GAMBLE FACES TEST AS CHINA HALTS MINERAL EXPORTS

“American manufacturing shouldn’t rely on China or any foreign nation for essential minerals, and Cliffs intends to be part of the solution,” Goncalves mentioned throughout an earnings name.

The initiative aligns with the administration’s broader effort to rebuild home provide chains and make sure the U.S. retains management of inputs very important to nationwide safety.

mining facility

Uncommon-earth mine in Baiyun’ebo or Bayan Obo. Baiyun’ebo or Bayan Obo is a mining city in Inside Mongolia in China.  (Bert van Dijk/Getty Photographs / Getty Photographs)

The renewed deal with essential minerals comes amid escalating financial tensions between Washington and Beijing. President Trump has warned of “massive” tariffs if China continues limiting exports of uncommon earths—supplies important for electrical autos, client electronics, and missile steering programs.

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Beijing’s export curbs have drawn sharp condemnation from U.S. officers, who describe them as an try and weaponize international provide chains and stress firms to avoid American markets.

FOX Enterprise’ Eric Revell and Reuters contributed to this report. 

TAGGED:adminbaseChinadoublesindustrialpressurepushrebuildTrump
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