The White House has refuted the notion of a trade war with China, aiming to stabilize markets concerned about potential disruptions in critical supply chains. Kevin Hassett, White House Economic Advisor, asserted that the U.S. is not engaged in a trade war despite ongoing diplomatic talks over rare-earth material exports. He emphasized the targeted nature of US retaliation against China’s rare-earth export restrictions. Analysts are closely observing the implications on global markets and potential shifts in domestic mining policies. The political dynamics between the U.S. and China remain complex, with economic strategies potentially influencing essential supply chains. Rare-earth materials are crucial for technology and clean energy sectors, making their stability a key focus.