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Timely insights from the Economy, Strategy & Finance Center
On April 15, the President signed an executive order launching an investigation into the United States’ dependency on processed critical minerals imports. Days earlier, China had retaliated against the increase in tariffs on Chinese imports by restricting the exports of a wide range of critical minerals and magnets.
Why it matters: Critical minerals such as cobalt and lithium are essential elements for batteries, consumer electronics, advanced medical devices, and weapons systems:
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