On What Really Matters, Walter Russell Mead discusses the impact of tariffs on China’s economy, Trump’s mineral deal with Ukraine, the Canadian election, and how rising tensions between India and Pakistan could suck the United States and China into war.
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Bucket-wheel excavators mine rare earth materials on Ukrainian soil on February 25, 2025, in the Zhytomyr region of Ukraine. (Kostiantyn Liberov via Getty Images)