Ensuring National Security and Economic Resilience Through Section 232 Actions on Processed Critical Minerals and Derivative Products
1. Purpose
The order seeks to evaluate the impact of processed critical minerals imports on U.S. national security, focusing on their significance in defense and economic stability.
2. Key Actions And Directives
- Conduct Investigation: Assess the risks posed by processed critical minerals imports on national security under section 232.
- Recommend Actions: Based on investigation findings, propose measures such as tariffs, domestic production incentives, and policies to mitigate risks.
3. Important Points
- Definition of Processed Critical Minerals: Processed critical minerals are those that have been transformed from raw extraction to usable forms, essential for various technologies.
- Risks of Dependency: Reliance on foreign sources introduces vulnerabilities such as market manipulation and geopolitical disruptions.
- Regional Overreliance Risks: Dependence on a limited number of geographic suppliers can escalate risks related to geopolitical instability.
- National Security Importance: These minerals are critical for military and advanced technological infrastructures, making them essential for maintaining national security.
- Scope of Investigation: The assessment will analyze domestic production capabilities, foreign competition impacts, and supply chain vulnerabilities.
- Nature of Derivative Products: Includes products like electric vehicles and batteries that utilize processed critical minerals.
- Legal Disclaimer: The order clarifies it does not grant any enforceable rights against the U.S. government.
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