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USA and Japan join forces against China's monopoly on raw materials!
The USA and Japan are strengthening their alliance to secure rare earths and reduce dependence on China.
USA and Japan join forces against China's monopoly on raw materials!
In a strategically important shift, the United States and Japan have increased their cooperation, particularly in the extraction, processing and supply of rare earths. This initiative, intended to be a critical element in ensuring the resilience and security of global supply chains for critical minerals, was signed by US President Donald Trump and Japan's Prime Minister Sanae Takaichi in Tokyo. Loud radiokoeln.de This agreement comes into being against the background of China's quasi-monopoly on rare earths. China has already implemented export controls on these important raw materials as part of the trade dispute with the US, which has increased pressure on Washington and Tokyo.
Rare earths are now indispensable for numerous technologies, including smartphones, electric cars and, last but not least, military applications. With the new agreement, Japan and the USA want to significantly reduce their dependence on China and at the same time strengthen their own security strategies. Trump described the signed declaration as entering a “new golden age” of the Japan-U.S. alliance. The USA is also demanding that its allies make more financial contributions to defense spending. Japan plans to increase its defense budget to 2% of gross domestic product by March, two years earlier than originally planned.
Economic and security cooperation
Takaichi described the security relationship with the US as a "cornerstone" of its foreign and security policy, particularly in view of the growing challenges posed by China and North Korea. Trump praised Japan for its commitment to increasing military capabilities, reaffirming the stronger bond between the two nations. In this context, the planned meeting between Trump and Chinese President Xi Jinping in South Korea on the sidelines of the APEC economic summit, at which 21 countries around the Pacific are represented, including China, Russia and South Korea, is also of interest.
The Apec Group aims to promote economic growth by reducing trade barriers. Here it becomes clear once again how important cooperation and alliances are in the global economy in order to meet the challenges of the future. After all, geopolitical tensions between the major powers have now increased to such an extent that increased cooperation between the allies is essential.
A look into the nature of the USA
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