On this episode of the DefAero Report Daily Podcast, sponsored by Bell, Brett Lambert, the former deputy assistant secretary of defense for manufacturing and industrial base policy who is now with the Densmore consultancy, discusses how the Biden administration should address trade with China as Beijing weighs blocking rare earths exports to the United States, and Bryan Clark of the Hudson Institute discusses why the Pentagon has to rethink its war planning scenarios and adopt more flexible budgeting with Defense & Aerospace Report Editor Vago Muradian.