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-0.00130236596483601 0.00108530497069686 0.00260473192967234 0.00911656175385287 0.0232255263729108 0.0102018667245496 0.0273496852615586 0.021489038419796
Stock impact report

Trump administration floats using tariffs to implement price floor on rare earth minerals [Yahoo! Finance]

USA Rare Earth, Inc. (USAR) 
Company Research Source: Yahoo! Finance
During a speech at the State Department on Wednesday, Vance unveiled an effort to create a protected trade zone with as many nations as possible that are "protected from external disruptions through enforceable price floors." This, the vice president said, would create the conditions for more investment by private mining companies to extract these varied minerals, which are often called the building blocks of the modern economy. "These reference prices will operate as a floor maintained through adjustable tariffs to uphold pricing integrity," Vance said. It's just the latest use President Trump's team has found for tariffs during his second term, and part of a broader effort to defend US and Western mining companies against a flood of cheaper minerals from China, which has gained overwhelming market leverage in the past year. The announcement also came on the same day as a call between Trump and Chinese President Xi Jinping. Trump described the call as "excellent," saying the Show less Read more
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