Treasury Sec. Scott Bessent: ‘China has been putting their rare earth plan together for 25 years. The US has been asleep’ – ‘We’re going to get out from under this sword that the Chinese have over us’

Scott Bessent on Rare Earths:

You’re not bullish enough.

"China has been putting their rare earth plan together for 25 years. The US has been asleep, but now this administration is going to move at warp speed over the next 1-2 years to get out from under this sword." pic.twitter.com/ffQvxu4uf7

— Geiger Capital (@Geiger_Capital) November 2, 2025

.@SecScottBessent: "I think it's naive for the @WSJ Editorial Board, who I call a bunch of grumpy old men, to think that the Chinese weren't going to roll out these rare earth restrictions. They've been putting this plan together for 25, 30 years, and the U.S. has been asleep at… pic.twitter.com/w6DH68UkSw

— Rapid Response 47 (@RapidResponse47) November 2, 2025