Published 07 July 2020
This webinar from the National Press Foundation and Hinrich Foundation titled "Essential Ingredients: Will China’s Dominance in Raw Materials Imperil the US?" discussed supply chain risks related to China’s dominance in raw materials and essential ingredients.
They are ingredients essential for everything from livestock feed to advanced weaponry to green technology. And they are increasingly mined or processed in China – upwards of 90% for some. From “rare earth elements” used in wind turbines and jet fighters, to vitamins used in food supplies, these raw materials are vital to American and global commerce.
Many countries – including the United States – have essentially outsourced their production to one country: China. But as China grows more powerful, more assertive and more competitive militarily, the Trump administration is eager to reduce US dependence.
In this 60-minute briefing, experts discussed why the US gave up production of many of these vital materials, what could happen if China locks down exports of them, and the prospects for diversifying vital supply chains.
- Kristin Vekasi, professor of political science and international affairs, University of Maine
- Jane Nakano, senior fellow in the Energy Security and Climate Change Program, the Center for Strategic and International Studies
- Glenn Luckinbill, director of the Supply Chain Innovation Forum, Ivy College of Business, Iowa State University
Download expert slides from this webinar:
|Global political economy of critical rare earth minerals – Kristin Vekasi||US-China competition and the minerals for green technologies – Jane Nakano|
|Supply Chain Innovation Forum – Glenn Luckinbill|
This briefing is part of a series of National Press Foundation's online webinars on global trade issues in the era of the coronavirus. Check here for all past briefings. Trainings explored:
- US trade policy under a Biden administration
- Are trade wars class wars?
- The new digital trade war on data
- Future of the WTO under Biden or Trump
- Managing the new US-China cold war
- What's next in the US-China trade war?
- US-China battle for technological and geopolitical dominance
- Medical trade wars
- Food security during the pandemic
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