Trump Declares National Emergency Backing Domestic Mining, Will Reduce Reliance on China for Critical Minerals

President Donald Trump on Wednesday signed an executive order that seeks to ramp up domestic production of critical minerals such as rare earth elements and support mining jobs in the United States, in a bid to reduce the nations reliance on Beijing. China is currently the top global producer of the specialized minerals that are used to build electronics, military weapons, and other high-tech equipment. Last year, 80 percent of rare earths imported by the United States came directly from China. The presidents executive order declares a national emergency in the U.S. mining industry, and asks the Department of the Interior to look into implementing the Defense Production Act (DPA) to fRead More From Source

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The Epoch Times

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