US Treasury Secretary Scott Bessent on Wednesday said Washington will work closely with its allies, including India, to prepare a "fulsome group response" to Chinaโ€™s latest export restrictions on rare earth minerals. The announcement comes amid tensions between the worldโ€™s two largest economies over control of critical mineral supplies, which are essential for technology, energy, and defence production.

Speaking to CNBC, Bessent said, "Weโ€™re going to be speaking with our European allies, with Australia, w

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