The United States and European Union released an action plan to coordinate trade policies on critical minerals supply chains.
The plan includes exploring a binding plurilateral agreement and possible border‑adjusted price floors to boost domestic critical minerals industries.
USTR Jamieson Greer and EU Commissioner Maros Sefcovic will meet to discuss addressing non‑market practices that have distorted supply chains.
The initiative aims to counter China’s dominance in mineral processing for semiconductors, electric vehicles and advanced weapons.