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Many analysts have been touting rare earth and strategic metal producers as a possible "long trade war" candidate. Indeed, equities that could rise in the event of a prolonged trade war would deliver significant alpha to investors. One major contender some have proposed is the VanEck Rare Earth ETF (REMX). The fund invests in 21 companies that are focused primarily in China, Australia, and Canada. Its holdings mine primarily lithium, vanadium, tungsten, and cobalt, all of which could potentially be blocked if the trade war continues.