President Donald Trump has initiated an investigation into the potential impact of imports of critical minerals on national security, instructing the Commerce Department to conduct a section 232 review. This review will evaluate the supply, demand, pricing, and use of these minerals, potentially leading to recommendations for import restrictions or domestic production incentives. The Commerce Secretary has 180 days to report back to the president. This action reflects a bipartisan effort to reduce reliance on foreign minerals, crucial for various sectors, including defense and technology.
Source: https://www.supplychaindive.com/news/trump-section-232-probe-critical-minerals/745468/