Lates News

According to the joint statement, the United States and the European Union will sign a memorandum of understanding within the next 30 days to strengthen the security of critical mineral supply chains. The United States, Japan, and the European Union announced in the joint statement the establishment of a strategic partnership to enhance the resilience of critical mineral supply chains. According to the joint statement, trade initiatives may include coordinated trade policies, price floors, standards-based markets, price differential subsidies, or purchase agreements. The United States and the European Union will identify and support projects related to mining, recycling, processing, and refining. At the same time, the U.S. Trade Representative's Office announced efforts to develop coordinated trade policies on critical minerals and reach multilateral agreements with like-minded countries. The United States and Mexico announced plans to develop coordinated trade policies to address vulnerabilities in the critical mineral supply chain and are discussing how to incorporate price limits into multilateral agreements on critical mineral trade.