The newest American tiff over tariffs with China -- rare earth minerals being the spotlight -- could accelerate the ongoing trade deal between India and the United States, a prominent trade-policy think tank in New Delhi has stated. "China's tighter control over rare-earth exports and a deepening US-China trade war are forcing Washington to rethink its strategy with allies as it seeks reliable partners to build alternative supply chains," Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI), told news agency ANI.

The assessment comes barely a day after US treasury secretary Scott Bessent listed India among allies in a "China versus the world" fight over rare earth minerals, which are used in manufacturing magnets crucial to auto, electronic and defence industries.

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