Trump Delays Critical Mineral Tariffs, Seeks Negotiations Amid Supply Chain Concerns
World
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Moneycontrol•15-01-2026, 08:54
Trump Delays Critical Mineral Tariffs, Seeks Negotiations Amid Supply Chain Concerns
- •President Trump has decided against immediate tariffs on critical mineral imports following a Commerce Department probe.
- •Instead of tariffs, Trump will pursue negotiations with foreign nations to secure critical mineral supplies and reduce supply chain vulnerabilities.
- •The administration is considering price floors, including minimum import prices, for critical minerals to support US-aligned supply chains.
- •The decision avoids destabilizing a trade truce with China, which is a major processor of critical minerals.
- •The move aims to bolster domestic manufacturing and address US reliance on foreign supplies, particularly from China and Kazakhstan.
Why It Matters: Trump defers critical mineral tariffs, opting for negotiations and price floors to secure US supply chains.
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