Trump holds off critical minerals tariffs

AWANI

U.S. President Donald Trump has decided not to impose tariffs on critical minerals for now, opting instead to negotiate with partners to secure supplies.

Transcript

00:00U.S. President Donald Trump has decided for now not to impose tariffs on rare earths, lithium and other critical minerals.

00:08Instead, he's ordering his administration to work with international trading partners to secure supplies.

00:15The move delays tariffs that could have disrupted the U.S. economy,

00:19while the Supreme Court weighs the legality of Trump's broader tariff program.

00:24Trump directed Trade Representative Jameson Greer and Commerce Secretary Howard Leitnik

00:28to negotiate import arrangements that won't threaten national security.

00:33He also called for price flaws, a measure Western miners have long sought.

00:38If negotiations fail, Trump said he could consider minimum import prices or other unspecified measures.

Category

Transcript

Be the first to comment

Recommended