EU and US near agreement to coordinate critical minerals production and security
to reduce reliance on Chinese supply. The draft plan includes minimum prices
favoring non-Chinese suppliers, cooperation on standards, investment, joint
projects, and coordination on supply disruptions China. They seek like-minded
partners for multi-country deal to build supply chains for technologies from
defense to EVs. Push follows Beijing export controls on rare earths in response
to Trump tariffs, disrupting supply chains and threatening European production.
Officials did not comment.
