Donald Trump says investments will "create thousands of jobs"

President Trump announced $3 billion in new US investments for critical minerals projects, aiming to reduce reliance on China for essential materials. The initiative, involving industry executives and federal agencies like the Defense Department and Export-Import Bank, includes funding for battery components, aerospace materials, and magnet production. These efforts are intended to create jobs and bolster national security, particularly ahead of Chinese President Xi Jinping's planned visit. The administration is also supporting educational programs to address a shortage of skilled workers in the mining sector.