And to add to Szalva's point and to focus on REs in the critical mineral space:
In this article
Joe Biden’s China strategy is not working from TheEconomist https://www.economist.com/leaders/2023/08/10/joe-bidens-china-strategy-is-not-working
Check out the mention of RE here:
"What is going on? In the most egregious cases, Chinese goods are simply being repackaged and sent via third countries to America. At the end of 2022, America’s Department of Commerce found that four major solar suppliers based in South-East Asia were doing such minor processing of otherwise Chinese products that they were, in effect, circumventing tariffs on Chinese goods. In other areas, such as rare-earth metals, China continues to provide inputs tat are hard to replace."
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