# Trump Touts $3 Billion in Minerals Projects to Counter China

https://mins.news/en/item/16763

- Bloomberg News, 2026-08-08 06:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-08-07/trump-touts-3-billion-in-minerals-projects-to-counter-china?link_source=ta_bluesky_link&taid=6a76c5f069018900011c463d

> President Donald Trump promoted $3 billion in US investments in critical-minerals mining during a Friday meeting with senior industry executives. The gathering focused on reducing America’s reliance on supply chains dominated by China. Trump presented the projects as part of an effort to expand domestic mining and strengthen the US position in critical minerals. The initiative is aimed at weaning the country away from China-led supply networks.

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