President Bolsters Critical Minerals Supply for National Security
Published Date: 4/18/2025
Presidential Document
Summary
The U.S. is taking action to protect its supply of processed critical minerals and products made from them because they’re super important for our economy and national security. Right now, we rely too much on a few foreign suppliers, which puts us at risk. This new order aims to strengthen domestic supply chains, boost manufacturing, and keep prices steady, helping industries and defense stay strong and ready.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
Possible Tariffs and Import Limits
The Secretary of Commerce will consider imposing tariffs and other import restrictions on processed critical minerals and derivative products as part of a Section 232 investigation. These measures are listed explicitly as options the Secretary may recommend to mitigate national security risks.
Incentives for Domestic Production and Recycling
The Secretary will consider policies to incentivize domestic production, processing, and recycling of processed critical minerals and derivative products. These incentives are intended to strengthen U.S. manufacturing and recycling capacity for these inputs.
Possible Emergency Economic Measures (IEEPA)
The Secretary may consider additional measures under the International Emergency Economic Powers Act (IEEPA) to mitigate national security risks related to processed critical minerals. Such measures would be an option alongside tariffs and incentives.
Stricter Anti-Circumvention Rules
The Secretary will consider safeguards to avoid circumvention and weakening of any Section 232 measures on processed critical minerals. If adopted, these safeguards could increase compliance and monitoring requirements for importers and manufacturers.
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Key Dates
Department and Agencies
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