Trump to Use Emergency Powers to Boost U.S. Critical Minerals Industry ...Middle East

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Trump to Use Emergency Powers to Boost U.S. Critical Minerals Industry
source : OILPRICE ( Middle East ) () 51
In a bid to wean the U.S. critical minerals supply chain off China, U.S. President Donald Trump plans to use emergency powers under the Defense Production Act to bolster domestic production and processing of these metals vital for the energy and defense industries, Reuters reports, citing a document to be published on Wednesday. The Defense Production Act is a U.S. law that grants the President powers to ensure the nation’s defense by expanding and expediting the supply of materials and services from the domestic industrial base. The White…

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