MiningPolicyTrade

US and Australia Forge $8.5 Billion Critical Minerals Partnership to Counter China’s Dominance

In a strategic move to counter China’s control over the global rare earth market, the U.S. and Australia have committed billions to critical minerals projects. The agreement aims to secure supply chains vital for modern technology and military systems.

Strategic Alliance Forms Against Rare Earth Dominance

The United States and Australia have reportedly established a significant framework agreement to bolster their critical minerals supply chains, according to sources familiar with the matter. The deal, signed by President Donald Trump and Australian Prime Minister Anthony Albanese in the White House Cabinet Room, commits up to $8.5 billion toward projects related to rare earth mineral production and processing.

BusinessDesignRetail

Coach CEO Champions American Design in China Market Amid Tariff Uncertainty

Coach CEO Todd Kahn reveals how American design fuels success with Chinese consumers despite tariff tensions. The brand reports strong growth in Greater China while leveraging social media to capture Gen-Z shoppers worldwide through holistic retail experiences.

Coach’s Strategic Positioning in China

Coach CEO Todd Kahn has expressed confidence in the brand’s ability to succeed with Chinese consumers, attributing this advantage to American design principles. According to Fortune‘s interview with Kahn, Coach’s parent company Tapestry saw Greater China revenue grow 5% to $1.1 billion in its last fiscal year, even as other foreign brands struggle against domestic competitors. “A great bag is a great bag everywhere,” Kahn stated, emphasizing that Coach’s brand positioning “aligns really well with the young Chinese consumer.”