🪨Executive Order on National Security and Processed Critical Minerals
Ensuring National Security and Economic Resilience Through Section 232 Actions on Processed Critical Minerals and Derivative Products
Summary
Executive Order 14272 addresses the importance of processed critical minerals for national security and economic resilience. It highlights vulnerabilities in the supply chain due to foreign dependencies and initiates a Section 232 investigation to assess the impact of imports on national security and defense. The order outlines the need for domestic production and potential policy responses to mitigate risks associated with critical minerals.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The executive order emphasizes the crucial nature of processed critical minerals for national security and economic stability. It initiates an investigation under Section 232 to address import dependencies, which could lead to tariffs and import restrictions impacting businesses reliant on these materials. This move may affect pricing and availability of essential production inputs for multiple sectors.