Source: Christian Science Monitor
by staff
“A summit on Thursday between President Donald Trump and the leaders of five Central Asian nations (aimed at striking deals on critical metals for high-tech industries) could mark a significant advance for the world over the course of a few months. The meeting at the White House reflects a possible return to a global order in which countries exchange economic opportunities out of a self-desire to help others thrive rather than inflicting a zero-sum approach to international trade. In early 2025, such exercises in enlightened self-interest were losing ground. Mr. Trump imposed massive tariffs on most nations, most notably China. In return, China restricted exports of critical elements – known as rare earths – of which it controls 90% of world production. The two largest economies were reverting to a type of mercantilism from centuries past, trying to weaponize their monopoly-like controls over particular markets or resources..” (11/06/25)