U.S. to Take Control of More Companies as China’s Rare Earth Dominance Grows NYT | Top Stories By: Alan Rappeport and Ana Swanson 16 October 2025 at 00:59 Treasury Secretary Scott Bessent said China’s dominance of rare earths calls for a more assertive American industrial policy. © Brendan Smialowski/Agence France-Presse — Getty ImagesTreasury Secretary Scott Bessent, left, with the U.S. trade representative, Jamieson Greer. Mr. Bessent said the United States must become less reliant on China for rare-earth minerals.
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