National Security

Bessent: US Working at ‘Warp Speed’ to Reduce Reliance on Chinese Critical Minerals

The secretary said China has been an ‘unreliable supplier.’
Bessent: US Working at ‘Warp Speed’ to Reduce Reliance on Chinese Critical Minerals
Treasury Secretary Scott Bessent speaks with reporters outside the West Wing of the White House in Washington on Oct. 22, 2025. Jim Watson/AFP via Getty Images
Catherine Yang
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U.S. Treasury Secretary Scott Bessent said on Nov. 2 that the United States is aiming to achieve supply chain independence from China on critical minerals within a year or two.

“The U.S. has been asleep at the switch, and now this administration, we’re going to go at warp speed over the next one, two years, and we’re going to get out from under the sword that the Chinese have over us—and they have it over the whole world,” Bessent said on CNN’s “State of the Union.”
Catherine Yang
Catherine Yang
Author
Catherine Yang has been with The Epoch Times in New York since 2008. She also launched and previously served as chief editor of American Essence magazine and Epoch Health.