China’s chokehold on the world’s rare earth elements and rare earth magnets is not Xi Jinping’s only leverage. The country’s hegemonic control over global shipping is an equally powerful lever — and US President Donald Trump has no solution to it. For context, China manufactures 55 per cent of the world’s shipping vessels, up from 5 per cent in 1999, manufactures 95 per cent of the world’s shipping containers, and 70 per cent of port cranes, according to Market Watch. In short, the United States is dependent on China for everything from all trade and transport. Again, consider these facts:...