How Donald Trump secures America's access to critical metals around the world
The article discusses how Donald Trump is strengthening America's access to critical metals through various strategic agreements and initiatives.
The article from Le Figaro outlines the efforts made by the Trump administration to enhance America's access to critical metals essential for new technologies. These initiatives include bilateral and multilateral agreements, the creation of a strategic reserve, and the establishment of new regulations aiming to safeguard supply chains for rare earth minerals and other crucial ores. Particularly highlighted are the actions taken to counter China's dominance in this sector.
A significant event occurred on February 4-5 when leaders from 55 countries convened in Washington, marking an unprecedented meeting focused exclusively on securing critical metal supply chains. The outcomes included a trilateral agreement between the United States, the European Union, and Japan aimed at coordinating policies regarding critical metal supply. This collaboration is expected to enhance pricing strategies and financing options, which are essential for managing resources strategically.
Additionally, Mexico participated by co-signing a joint action plan. The United States initiated eleven other framework agreements with various nations, further consolidating its drive to secure essential resources for its technology sector. The article emphasizes that Trump's policies not only seek to protect American interests but also reflect a broader strategy to establish a robust and independent supply chain in the face of growing global competition, particularly from China.