A country claiming the greatest military on earth can’t be without some things. Steel is an obvious one.
In the age of drones, aluminum is another. Aluminum is essential for flying machines like the F-35 joint strike fighter and Boeing F/A-18 Super Hornet, for armor plating on army vehicles and naval vessels and for countless infrastructure projects including bridges and roads.
Obviously, then, for the United States to retain top ranking, it must protect its aluminum industry. That industry, though, is under a two-pronged stealth attack from China.
For more than a decade, the Chinese have ramped up their own aluminum production and dumped the excess on the world market, depressing prices and bankrupting Western producers.
Now, a corrupt Chinese company that is under investigation by three U.S. agencies is trying to buy an American aluminum firm.Continue Reading...