It’s Time to Remove Hostile Chinese Outposts U.S. Senator Marco Rubio (R-FL) and U.S. Representative Chris Smith (R-NJ) December 11, 2023 RealClear World …The United States is home to three HKETOs [Hong Kong Economic and Trade Offices], all of which enjoy diplomatic...
The United States Should Stand by Argentina’s Milei U.S. Senator Marco Rubio (R-FL) December 11, 2023 Medium President Joe Biden should welcome [Javier Milei’s inauguration as president of Argentina] because friends are hard to come by in Latin America right now. The...
EE.UU. debería apoyar al presidente electo Milei 10 de diciembre del 2023 La Nación …Milei es un aliado y EE.UU. debería apoyarlo. El presidente Joe Biden debería darle la bienvenida a Milei porque en estos momentos es difícil encontrar aliados en Latinoamérica y el...
Rubio, Gallagher Statement on Biden Admin’s Watered-down Sanctions on Chinese Officials Conducting Genocide
The Biden Administration has been slow to implement sanctions under the Uyghur Human Rights Policy Act, which became law in 2020, and seeks to hold the perpetrators of the Uyghur genocide accountable. U.S. Senator Marco Rubio (R-FL) and U.S. Representative Mike...
In-person Mobile Office Hours Monday, December 11, 2023 Jackson County 9:30am – 11:00am CST UF/IFAS Jackson County Extension 2741 Penn Ave. Suite 3 Marianna, FL 32448 Click Here Pinellas County 1:30pm – 3:00pm EST Pinellas Park Chamber of Commerce 5851 Park...
Foreign adversaries, including China, have significantly increased covert tactics to infiltrate American colleges and K-12 schools. They do this to steal research, spread propaganda, and silence students and academics. U.S. Senator Marco Rubio (R-FL) and...
ICYMI: WSJ: Marco Rubio Introduces a Bill to Boost the U.S. Rare Earth Industry
Marco Rubio Introduces a Bill to Boost the U.S. Rare Earth Industry
By Timothy Puko
July 11, 2019
Wall Street Journal
Press Release/Bill Text
Legislation aimed at making the U.S. more competitive with China for processing critical rare-earth minerals is set to be introduced in Congress on Thursday.
The bill by Sen. Marco Rubio (R., Fla.), would allow investors to form a cooperative that is exempt from antitrust laws, in an attempt to shield it from government-backed competition from China and volatile markets that have made it virtually nonexistent in the U.S. The Secretary of Commerce would secure a charter for the business, though it would need to be privately funded and operated under the terms of the legislation.
Rare earths are critical to making parts in high-tech applications including military equipment, parts almost exclusively supplied by China. One American mine recently restarted production and Mr. Rubio’s legislation aims to help develop a U.S.-based industry for turning those raw materials into alloys, magnets and other products.
In a statement, Mr. Rubio said the Chinese government has subsidized its industry, causing “a market failure” that has hurt rare-earth development in the U.S. and elsewhere.
“Continued U.S. dependence on China for the mining and processing of rare earths and the manufacture of those metals into useful products is untenable—it threatens our national security, limits our economic productivity and robs working-class Americans of future opportunities for dignified work,” he said.
The bill’s aim is to give companies that need rare-earths-based products a vehicle to process alloys and manufacture parts in the U.S. at cost by allowing the co-op’s owners to split the profits. That could limit risk for end-users so they can invest in and develop a more secure U.S.-based supply chain.
In May Chinese President Xi Jinpingtoured a region of China that calls itself a rare-earths kingdom with his top trade negotiator. Many, including Mr. Rubio, saw that as a signal China would consider instituting an export embargo to gain leverage in trade talks.
Read the rest here.