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JPMorgan Pushes Back on China Reliance
Liberty Check
JPMorgan Chase is launching a $1.5 trillion initiative to bolster America’s independence from adversarial nations, focusing on critical supply chains and national security. CEO Jamie Dimon is sounding the alarm on the dangers of relying on hostile countries like China for essential minerals and technology.
- JPMorgan’s new initiative targets supply chain security, advanced manufacturing, defense, energy resilience, and strategic technologies with up to $10 billion in targeted investments.
- China controls 60% of rare earth mineral production and 90% of refining, making America vulnerable in defense, technology, and healthcare sectors.
- This private effort mirrors earlier Trump administration moves that prioritized domestic resource development over foreign dependence.
Dimon has declared, “The U.S. has allowed itself to become too reliant on unreliable sources of critical minerals, products, and manufacturing — all of which are essential for our national security.”
Current and former presidents have clashed over access to American mining lands, with Trump advocating resource development and Biden imposing new restrictions to protect Alaska’s environment. The Pentagon is now stockpiling key minerals, recognizing supply vulnerabilities as a pressing threat.
China’s meteoric $10 billion-plus growth in metals and mining amplifies the urgency for American self-reliance and resilience.
Independent action and vigilance are the antidotes to government inaction and foreign dependency. Patriots must keep the pressure on for real policy solutions that defend America’s interests first.
Our freedoms depend on staying vigilant.
