USTR says US and Mexico to explore border-adjusted price floors for critical minerals imports over next 60 days; US and Mexico consulting on how price floors could be included in plurilateral agreement on trade in critical minerals
Importance
Level 1
- US and Mexico announce plan to develop coordinated trade policies to mitigate vulnerabilities in critical mineral supply chains.
- Working to develop coordinated trade policies on critical minerals and plurilateral deals with like-minded countries.
- Action plan with Mexico is important step to strengthen bilateral cooperation as review of USMCA trade deal.
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