Yes you have missed the point entirely. Trade deal or not, the US will no longer be reliant on China for strategically critical resources such as REE. It matters very little if China can produce them cheaper than other nations. The US want to break that near monopoly by funding new supply chains and developments.
Check out this article from today. Highly relevant to this.
https://www.theage.com.au/business/...ply-amid-china-trade-row-20191001-p52wg8.html
Ann: Vital to Transform into Rare Earth Oxide Developer, page-171
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