What is the US ultimatum on rare earths?

In this episode, Eric and Oliver talk about New Zealand's negotiations with the United States over rare earth minerals, following a 180-day ultimatum from America requiring allied nations to sign mineral access deals or face tariffs. They discuss the complications revealed in Australia's similar agreement, the implications for New Zealand's mining regulations and international relationships, and how this pressure from the US represents a fundamental shift away from the traditional rules-based international order.