Trump has called for a study to be taxed on the import of critical minerals
President USAWere, and,, and,, and,, and,.. Donald TrumpHe urged his assistants today to study the need to impose trade tariffs on complex minerals and the technology industry important to the technology industry.
The order signed by Trump on Tuesday, based on Section 232 of the 1962 Commercial Expansion Act, to start a investigation by “to assess the impact of imports of these materials to assess the safety and elasticity of the estimation” USA”According to the White House newsletter.
If the secretary concludes that the imports of critical minerals are “harmful to national security” and the president will decide to impose rates, these taxes are the present trump’s mutual allegations about partners’ business partners. USA And it has been suspended for 90 days, except products from China.
This order classifies all complex minerals, including the elements of the rare land, which classifies them as “basic blocks of our defense industrial base” and jet engines, missile trend systems, advanced computers, as well as radar equipment, optics and communications.
This measurement also includes uranium, complex minerals and derivative products. Under the law, the Commerce Secretary should showcase the results of the investigation within 270 days.
Trump After already imposing sector rates on steel and aluminum, cars and automotive parts, your government may consider complex mineral charges in recent days, which already refers to the measurement.
On Monday, the Administration also announced that it was launching research on imports of semiconductors and CE shadow products-headed by the Department of Communications.
In the last month, even emergency powers to extend Trump’s ability USA To produce complex minerals – part of a wide effort to induce the development of natural domestic resources and reduce the country dependence on foreign imports.
Produced in the country instead of importing
This order tries to provide financing, loans and other investments in the internal processing of these minerals.
In spite of some complex minerals, USA Import a substantial amount right now, which produces financial and security hazards White House. The government claims that the country will depend on at least 15 critical minerals and 70% of rare land imports China.
Trump has implemented extensive rates with the aim of strengthening the manufacturing industry and energy production USAIn addition to earning new income to the federal government. But these measures have moved the markets, which raise prices for customers, breaking international supply chains and reducing trade – leading to the global economy.
At the beginning of this month, Trump Imposed – and soon suspended – high rates on 60 trading partners from USAIn an attempt to give these countries the time to negotiate on contracts and prevent new import charges. However, this break is not preventing the president from moving forward with specific tariffs for each sector.
