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US, EU Unveil Critical-Mineral Price-Floor Plan

4/24/2026

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Story summary
  • The United States and European Union unveiled a joint action plan to explore border-adjusted price floors for critical minerals.
  • U.S. Trade Representative Jamieson Greer and EU Commissioner Maros Sefcovic announced the plan.
  • President Donald Trump’s administration views the plan as part of a broader effort to curb China’s influence over critical mineral supplies.
  • Washington and Brussels also aim to negotiate a future binding plurilateral agreement on critical minerals.