Addressing the Threat to National Security From Imports of Copper
1. Purpose
The U.S. Secretary of Commerce is undertaking an investigation to assess the implications of copper imports on national security, focusing on supply chain vulnerabilities and foreign dependencies.
2. Key Actions And Directives
- Initiate Investigation: Conduct a comprehensive investigation under section 232 of the Trade Expansion Act regarding the national security impacts of copper imports.
- Assess Copper Supply Risk: Evaluate current and projected demand, domestic production capabilities, and the effects of foreign supply chains and trade practices.
- Report Findings: Submit a report with findings and recommendations to the President within 270 days of the initiation of the investigation.
3. Important Points
- Significance of Copper: Copper is critical for national security, affecting defense operations, infrastructure stability, and advancements in technologies like clean energy and electric vehicles.
- Supply Chain Vulnerabilities: The U.S. heavily relies on foreign sources for its copper needs, with over 50% of global smelting capacity controlled by one foreign entity, posing a significant national security risk.
- Foreign Trade Practices Impact: Predatory practices and subsidies from foreign governments can undercut U.S. industry competitiveness, creating instability in the market.
- Policy Intent: The overarching goal is to ensure a robust domestic copper supply chain to mitigate risks associated with dependency on foreign sources.
- Non-enforceability of Order: The executive order does not create any enforceable rights or benefits against the U.S. government.
Disclaimer: ExecBrief's are AI generated, Please verify with the original source to confirm
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