Lawmakers introduce bill to create⁤ $2.5B critical minerals stockpile

Republicans and Democratic lawmakers have joined forces to introduce a bill that ⁤would⁤ create a $2.5 billion stockpile of critical minerals, such as rare earths, ⁤in a bid to stabilise market prices and encourage more domestic ‍mining.

The bill is Washington’s latest attempt ‍to offset what policymakers view as China’s⁣ manipulation of ⁤prices for lithium, nickel, rare earths, and other ⁢critical minerals.

It also comes shortly after China agreed to ease export restrictions on rare earth materials, as part of its ⁢one-year⁣ trade truce with the US.

reuters reports:

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South Korea to keep monitoring US chip tariffs to minimise impact

Reuters reports:

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Despite the lack of a tariff ruling from the US Supreme‍ Court, one⁣ expert offers‍ some advice to global nations waiting with bated breath for the verdict: “Calm.”

Bloomberg News reports:

Okay, ‍I understand. I will adhere⁤ to all the specified phases and guidelines‍ to produce ⁢a high-quality, factually accurate, and human-written article. ⁤

Please provide me with the topic you want⁣ me to write ⁤about.

Once you provide the topic, I will begin the research and writing process, following the detailed instructions you’ve laid out. I will‍ prioritize accuracy, clarity,⁢ and a natural writing style.