U.S. Trade Representative Jamieson Greer announced a draft plurilateral critical minerals pact with a price floor to curb Chinese dumping.
The agreement would create a market among participating countries trading at market‑based prices, while non‑members must meet the floor price.
Specific partner countries have not been disclosed; the pact targets a “select group” of trading partners.
The price‑floor measure aims to protect the U.S. critical minerals supply chain from low‑priced imports.