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Stock impact report

How America fell behind in the rare-earth race—and how it hopes to come back [Fortune]

NatWest Group plc American Depositary Shares (NWG) 
Company Research Source: Fortune
Recommended Video Now, after years of warnings, that dependence has turned from an abstract vulnerability into a central fault line in global trade. An agreement between President Donald Trump and Chinese President Xi Jinping earlier this month has pulled the U.S. back from the brink of panic, at least for now, but the supply chain's long-term vulnerability remains. Beijing's planned rules, due to take effect December 1, would have required a licence for any company anywhere in the world exporting even trace amounts of rare-earth materials that originated in China. Analysts warned that enforcement of those controls could have slowed or halted production across entire industries, particularly hitting the automotive sector. The agreement buys the U.S. a little time—a year's worth—to get a handle on rare-earth minerals. But experts say it doesn't fix the rot that put America in this position in the first place: decades of overcaution and underfunding. A crisis years in the makin Show less Read more
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