Dense manganese nodules on the seabed of Minami-Tori-shima island are believed to be worth almost $27 billion.
Sales have been in free fall following a backlash over the conflict in the Middle East.
It comes as Donald Trump has proposed more aggressive tariffs in the US ranging from 60 per cent to 100 per cent on Chinese goods and a universal tariff of up to 20 per cent on imports from all other countries.
He said he took no position on Brexit "per se", but has to "point out consequences".
They're not even hiding it anymore.
Reminders of a 2020 study from the London School of Economics have been doing the rounds ahead of Trump's second term in office.
Once a half-way house between the US and Europe, Brexit Britain is on the verge of being booted out of both markets.
The Reform UK leader has proved himself to be a true patriot once again by pinning his colours to the mast of the latest political shift that will leave Brits worse off.
It comes after Rachel Reeves refused to mention Brexit once in her Budget.
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