-
Trump Administration Floats Using Tariffs to Implement Price Floor on Rare Earth Minerals
Vice President JD Vance announced a new push on Wednesday to create price stability in the market for critical rare earth minerals and said he wants to use a familiar Trump-world tool to accomplish it: tariffs. During a speech at the State Department on Wednesday, Vance unveiled an effort to create a protected trade zone with as many nations as possible that are "protected from external disruptions through enforceable price floors." This, the vice president said, would create the conditions for more investment by private mining companies to extract these varied minerals, which are often called the building blocks of ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From miningweekly.com | Feb 4, 2026
Senators will introduce legislation on Wednesday to reauthorize funding for the United States Export-Import Bank for the next decade, as lawmakers try to inject an extra $70-billion into the agency to support US President Donald Trump's critical minerals push, the Financial Times reported on Wednesday. Kevin Cramer, a Republican senator from North Dakota is ...
Critical minerals - used in the production of smart phones, electric car batteries and wind turbines - have become a hot geopolitical bargaining chip. Demand for these precious natural resources, like cobalt, lithium and copper is growing rapidly, especially as countries turn to green energy solutions. Securing America's supply of the minerals is a key ...