Trump Delays Critical Mineral Tariffs, Seeks Negotiations Amid Supply Chain Concerns

• President Trump has decided against immediate tariffs on critical mineral imports following a Commerce Department probe.
• Instead of tariffs, Trump will pursue negotiations with foreign nations to secure critical mineral supplies and reduce supply chain vulnerabilities.
• The administration is considering price floors, including minimum import prices, for critical minerals to support US-aligned supply chains.
• The decision avoids destabilizing a trade truce with China, which is a major processor of critical minerals.
• The move aims to bolster domestic manufacturing and address US reliance on foreign supplies, particularly from China and Kazakhstan.

Why It Matters: Trump defers critical mineral tariffs, opting for negotiations and price floors to secure US supply chains.