U.S. and EU Launch Action Plan for Critical Minerals Supply Chain Resilience
Ambassador Jamieson Greer has announced a new United States-European Union Action Plan aimed at enhancing the resilience of critical minerals supply chains. This initiative seeks to address non-market policies and practices that have disrupted these supply chains, which are vital for various industrial sectors. The plan involves coordinating trade policies and measures, including potential border-adjusted price floors, to strengthen domestic industries related to critical minerals. The agreement represents a collaborative effort between the U.S. and EU to secure a stable supply of these essential materials, which are crucial for manufacturing and technological advancements.