Mining
US and Mexico develop coordinated trade policies for critical minerals
On Wednesday, the United States and Mexico unveiled a plan of 60 days to develop coordinated trade policies that would mitigate vulnerabilities in vital mineral supply chains. The plan does not mention China or its chokehold over the processing of many minerals. Instead, it calls on both nations to consult about including price floors into a binding multilateral agreement on trade. Separately, U.S. vice president JD Vance announced plans on Wednesday to rally allies to a preferential trading bloc for critical mineral?as Washington intensifies efforts to shore-up supply chains vital to advanced manufacturing. U.S. Aims to fix vulnerable supply chains...