On Sunday, US President Donald Trumprevealed that Washington will finalize trade agreements with Cambodia andMalaysia, along with a critical-minerals partnership with Thailand, as part ofefforts to reduce reliance on China.
Read more: China to impose fees on US ships in retaliation for American charges
Critical minerals such as lithium,nickel, and rare earths are crucial for electric vehicles, batteries, anddefense systems. China currently processes about 70 percent of the world’s rareearths, giving it significant leverage over global supply chains.
The visit is Trump’s first majortrip to the region since returning to office and precedes his meeting withChinese President Xi Jinping in South Korea later this week.
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