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Trump Again Targets Critical Minerals Amid US Supply Chain Gaps

President Donald Trump has issued a new executive order initiating a Section 232 investigation into imports of processed critical minerals and their derivative products.

The order emphasizes that critical minerals, including rare earth elements, “are foundational to military infrastructure, energy infrastructure, and advanced defense systems.” Trump’s administration points to significant risks posed by reliance on limited international suppliers who allegedly engage in “price manipulation, overcapacity, arbitrary export restrictions,” and use supply dominance to gain geopolitical leverage.

Key highlights of this directive include a comprehensive analysis of import data, foreign dependency risks, domestic production capabilities, and market distortions arising from foreign economic practices. The Commerce Department is tasked with delivering a draft interim report within 90 days and submitting a final report with policy recommendations to the president within 180 days.

Possible outcomes from the investigation could include tariffs, import restrictions, and incentives for boosting domestic production, processing, and recycling of these minerals. The order notably emphasizes safeguards against circumvention and policies designed to mitigate national security risks comprehensively.

However, this renewed push highlights enduring gaps despite previous federal efforts. The order acknowledges that the US defense and manufacturing sectors remain significantly vulnerable to disruptions—risks further amplified by “geopolitical instability and regional disruptions.”

Yet, this repeated turn to executive action suggests deeper systemic issues remain unresolved. As the order states bluntly, “Should the United States lose access to processed critical minerals from foreign sources,” significant disruptions across commercial and defense sectors would follow.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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