Disclaimer: All content on this site is provided in good faith and for informational purposes only. Unless explicitly stated and sourced, all information should be considered alleged and unverified. We quote third parties and include archival material for informational and educational purposes, and do not endorse defamatory or harmful statements. For full details, visit our Disclaimer page.
Trump Invokes Korean War Act To Boost Critical Minerals Output
2025-03-21
174 words
1 min read
Trump Invokes Korean War Act To Boost Critical Minerals Output
President Donald Trump invoked emergency powers to increase U.S. critical minerals production in a bid to reduce reliance on “hostile foreign powers’ mineral production.”
In an executive order, the U.S. President invoked the Defense Production Act (DPA), which was passed in 1950 in response to production needs during the Korean War, which is the main tool at a U.S. president’s disposal to shift economic activity toward national defense priorities
“The United States possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations,” the executive order says.
“The United States was once the world’s largest producer of lucrative minerals, but overbearing Federal regulation has eroded our Nation’s mineral production,” it adds.
“Our national and economic security are now acutely threatened by our reliance upon hostile foreign powers’ mineral production. It is imperative for our national security that the United States take immediate action to facilitate domestic mineral production to the maximum possible extent.”
https://www.zerohedge.com/commodities/trump-invokes-korean-war-act-boost-critical-minerals-output
Source:
This article includes information sourced from third parties. Where sources are unavailable, such as broken or missing links, we were unable to directly verify the claims. Readers are encouraged to evaluate the information critically and seek additional verification where necessary.
Authored By TMB LLC
Our Mission is to bridge the gap between mainstream and independent news while offering transparent, honest, and reliable information.