The US government’s action to address the national security risks posed by dependence on foreign sources for processed critical minerals and derivative products is a timely and necessary step towards ensuring energy independence and economic resilience. The order lays out a comprehensive plan that includes measures such as tariffs, policies to incentivize domestic production, processing, and recycling of these materials, and safeguards against circumvention. These actions will not only benefit the US economy but also serve to strengthen national security by reducing dependence on foreign sources for critical minerals used in manufacturing essential products.
Read the full text of the order at the whitehouse.gov website.