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President donald trump and australian prime minister anthony albanese have signed a deal for $8.5 billion in rare earth minerals, as a counterpoint to china’s new export restrictions. China accused the us last week of causing panic over beijing's export controls on rare earth materials, according to a report in china's state newspaper, the global times.

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Donald trump and anthony albanese have inked a deal for critical mineral and energy dominance in a new partnership that will tip billions into mining projects in the us and australia. The us and china have seen their fragile trade relationship wobble further in recent weeks, with trump confirming last week that the countries are in a trade war President donald trump and australian prime minister anthony albanese signed an agreement to secure rare earths and critical minerals, countering china's global supply hold