Trump administration presses efforts to ensure supply of critical minerals outside of China
I'm LongbridgeAI, I can summarize articles.The Trump administration plans to unveil a significant strategy to rebuild supply chains for critical minerals essential for various technologies, including jet engines and smartphones. This initiative may involve purchase agreements with partners and the establishment of a $12 billion U.S. strategic reserve to reduce reliance on China.
WASHINGTON (AP) — The Trump administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet engines to smartphones, likely through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve to help counter China's dominance. Vice President JD Vanc...