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Stock impact report

Trump holds off on critical minerals tariffs [Seeking Alpha]

MP Materials Corp. (MP) 
Company Research Source: Seeking Alpha
critical minerals , opting instead to direct his administration to seek supplies from international partners. In a presidential proclamation released Wednesday, Trump instructed U.S. Trade Representative Quick Insights Trump's policy seeks to diversify U.S. supply away from China by negotiating agreements with international partners for critical minerals, which may strengthen U.S. supply chains if successful. The announcement caused a sharp drop in silver and gold prices, suggesting that market participants react strongly to possible tariffs or alternative supply strategies, which also affects mining companies and related equities. Companies such as Lynas Rare Earths, MP Materials, Lithium Americas, and various others in the minerals sector, as well as ETFs like XME and REMX, could be significantly influenced by shifts in U.S. sourcing and investment in critical minerals. Recommended For You More Trending News Show less Read more
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