In 1978, Chinese engineers visited two key companies in the US. Upon their return, an empire began: the rare earths.
In the 21st century, trade wars are fought not only with tariffs but with invisible minerals that support the technological backbone of the modern world.
With a simple announcement, China unleashed an unprecedented form of trade war, one in which there were no tariffs or duties, but through the manipulation of a strategic resource that the West never knew how to diversify in time. Within weeks, the threat of scarcity of these rare earth materials and magnets has triggered alerts of paralysis in sectors that drive the economies of the world. The entire planet is desperately seeking what Beijing dominates with an iron fist.