Trump Administration Accelerates US-China Critical Minerals Decoupling as Pentagon’s 2027 Defense Deadline Reshapes a $30 Billion Magnet Market

Beijing's April 2025 export licensing on seven medium and heavy rare earth elements and the high-performance magnets that depend on them sent Western defense, automotive, and electronics supply chains scrambling, with Ford CEO Jim Farley publicly describing his company's magnet supply as "day to day.