USTR Greer called for US allies to pay more for critical minerals and said a ‘security premium’ needed to counter reliance on Chinese supplies, according to FT

USTR Greer's call for US allies to increase payments for critical minerals signals a shift towards reducing dependence on China, particularly in strategic sectors. This ‘security premium’ could elevate costs for US allies and ultimately influence supply chains and pricing in the commodities market, impacting both inflation and trade relations moving forward.