After China defended its latest export control measures on rare earths, the United States is now considering India a potential ally against China on this topic. US treasury Secretary Scott Bessent has criticised Beijing, accusing President Xi Jinping's government of trying to create obstacles with new export controls on minerals used to make magnets important to auto, electronic, and defence industries.
US gives warning to China
Bessent, who has shown bitterness towards both India and China, said, “This is China versus the world.” Bessent had accused both Asian countries in the recent past of purchasing Russian oil even during the war in Ukraine. In an interview with the channel Fox Business, Bessent said on Monday, “They (China) have pointed a bazooka at the supply chains and the indust