US Needs Another Decade to Fix $1.2 Trillion Rare Earth Crisis

Rare earths are the backbone of modern tech, and China has cornered the global market for them. As it uses that dominance as geopolitical leverage, can other countries break its grip? Joe Deaux, Bloomberg News Corporate and Economic Statecraft Reporter joins Bloomberg Businessweek Daily to discuss why global powers are racing to secure rare earths. (Source: Bloomberg)