US proposes magnet tariffs, other supply chain reforms

By William Clarke
Published: Tuesday, 08 June 2021

The United States government has published a sweeping review of US supply chains, proposing measures to increase domestic production of a number of key minerals and products. These measures include a proposed tariff on neodymium magnet imports.

In February 2021, recently inaugurated US President Joe Biden indicated that there would be a government review of the resilience of critical minerals supply chains in the country.

The latest set of findings covers four main sectors: semiconductors, batteries, critical minerals and pharmaceuticals.

"With demand for clean energy technology increasing...

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