US Critical Minerals Talks Advance With EU, Japan on Price Floor
A dump truck moves raw ore inside a rare earths mine in Mountain Pass, California.
Photographer: Joe Buglewicz/BloombergThe US, Japan and the European Union are set to announce plans in the coming weeks to lay the foundation for a trade agreement in critical minerals, according to people familiar with the preparations.
The Office of the US Trade Representative, which has led negotiations with Brussels and Tokyo on the framework, will also head talks for a trade deal that is set to include a price floor and tariffs for the materials to counter any market distortions by China, said the people, who spoke on the condition of anonymity.