Excerpts
The review promises to be the most thorough look at the entirety of the manufacturing and production of defense materials ever attempted, involving several government agencies, surveys of large and small players in the supply chain, and a study of foreign materials used in the production of American weaponry.
The effects of the study, coupled with a related executive order signed by Trump in December, could very well open a new front in the burgeoning trade war with China.
China will likely loom large in the report, given the country’s dominance of the rare earth minerals market so critical to the U.S. defense industry, the pumping of billions in Chinese investments into U.S. tech startup firms, and the increasingly dominant protectionist philosophy of the Trump administration.
Continues...
More than fluff here. It's Trump driving it. Would be surprised if he didn't have plans in motion behind the scenes. Article mentions sole source vulnerability more than once. Mostly defense oriented. Could be looking at stockpiling.
LYC Price at posting:
$2.30 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)