Trump issues fresh order on rare earth mining
President Donald Trump has ordered his Cabinet secretaries to look into the country’s reliance on rare earths in his latest bid to
end China’s dominance of the in- dustry. The move could lead to tariffs, quotas or other possible import
restrictions, according to an ex- ecutive order released recently. Trump, a trade protectionist seeking re-election in the Nov. 3 election, has wielded similar threats in previous executive or- ders related to the minerals. Rare earths are a group of 17 minerals used to build a range of goods including weapons and consumer electronics. There is no known substitute for them. While the United States used to be the leading producer of the minerals, China has used its heft in the industry to its advantage in the trade dispute between the two world leaders. Last year, Trump told the U.S. Defense Department to find better ways to procure samari- um cobalt rare earth permanent magnets, which are often found in precision-guided missiles, smart bombs and military jets. Two Republican senators have introduced separate mineral-re- lated legislation in the past year or so that have not passed so far. Message to the Congress on Addressing the Threat to the Domestic Supply Chain from Re- liance on Critical Minerals from Foreign Adversaries Issued September 30, 2020 TO THE CONGRESS OF THE UNITED STATES: Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code, I hereby report that I have issued an Executive Order declaring a national emergency to deal with the threat posed by our Nation’s
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The Alaska Miner
October 2020
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