While President Trump was in office, he was alerted to the fact that China had control of refining almost all the necessary chemicals for modern technology. He acted by issuing an executive order to combat this problem, but the Biden administration has ignored these concerns. This is a way that China is currently waging economic warfare and they are winning. TikTok is barely a concern, nor is the uranium situation. The major need for any nation in the modern world is for rare earths and similar minerals. Needed Minerals Few people are aware of rare earths , but they are in everything from cell phones to needed military systems, which means all of this is currently reliant on China . While China does have the largest minable reserves, it also holds the biggest capabilities for refining the minerals into a useful form. They could cripple entire nations just by their refusing to sell the necessary minerals. On top of this, they are working hard to gain control of access to these minerals