USA Rare Earth Shares Down Amidst White House Plan to Establish Trading Bloc

USA Rare Earth stock is down 8.4% after the White House announced plans to establish a trading bloc to push back against China's control of critical minerals markets, including rare earth minerals. The plans include a self-imposed price floor, which could weaken demand-driven pricing power and introduce foreign competitors to domestic customers. Investors are also second-guessing the net upside of Project Vault, a national stockpiling of critical industrial materials.