Bessent Sees ‘Fulsome' Global Response to China on Rare Earths Bloomberg.comChina's rare-earths power move jolted Trump but was years in the making The Washington PostGlobal markets tumble as Beijing imposes new ban on U.S. shipping. Bessent vows China ‘will be hurt the most' if it doesn't surrender FortuneTrade standoff with China deepens as Bessent insists the U.S. will 'neither be commanded nor controlled' NBC News