![\"86a88e39c7c9f6f497036dd16f5025c4\"](\"http:\/\/forefrontnews.cn\/wp-content\/uploads\/2026\/02\/86a88e39c7c9f6f497036dd16f5025c4.jpg\" "\\"86a88e39c7c9f6f497036dd16f5025c4\\"")
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On the 4th, local time, the U.S. Trade Representative\u2018s Office announced several new initiatives. In addition to forming a trade alliance with key minerals, the U.S. also agreed on key mineral operations plans with Mexico and established key mineral strategic partnerships with the European Union and Japan. At the same time, South Korea\u2018s Ministry of Industry and Commerce announced on the 5th that South Korea is seeking to deepen cooperation with China in the key mineral supply chain area, while announcing a series of related plans to ensure the stable supply of rare earths required for cutting-edge technologies.<\/p>\n
According to a statement released by the U.S. Trade Representative Office, the U.S.-Mexico Key Minerals Action Plan is the first such action plan reached by the U.S. The U.S.-Mexico sides will work together to develop coordinated and unified trade policies and mechanisms, clearly focus on key mineral product classes, explore setting border-adjusted lower price limits, and discuss incorporating this mechanism into binding multilateral trade agreements. U.S. Trade Representative Jamison Greer said this cooperation will \u201csolve the global market distortion problem that has caused North American key mineral supply chains to be vulnerable to shocks and face the risk of disruption.\u201d<\/p>\n
The U.S. also announced on the 4th that the U.S., the European Commission and Japan are developing a key mineral supply chain resilience action plan. According to this series of action plans, the three sides will jointly develop coordinated and unified trade policies and mechanisms, including a border-adjusted price limit mechanism, to reduce the vulnerability of key mineral supply chains. The Anadolu Agency reported that the U.S. and European parties will draft a key mineral supply chain security memorandum of understanding within the next 30 days.<\/p>\n
In response, the Turkish Anadolu Agency commented that the U.S. government has placed key minerals at the core of its industrial and trade policies, \u201cstriving to reduce the U.S.\u2018s related dependence on China.\u201d<\/p>\n
Unlike the U.S.-led \u201cde-Chineseization\u201d cooperation, South Korea, which has just attended a key mineral ministers\u2018 meeting hosted by the U.S. and officially assumed the chairmanship of the U.S.-led key mineral trade mechanism \u201cResource Geostrategic Cooperation Forum\u201d (FORGE), said on May 5 that it is seeking to deepen cooperation with China in the key mineral supply chain area. According to Channel NewsAsia, the Ministry of Industry and Commerce said in a statement that it will set up a communication hotline with China\u2018s relevant authorities and set up a joint committee to help Korean companies import Chinese mineral resources more efficiently and steadily.<\/p>\n
Regarding the formation of the so-called \u201cKey Minerals Trade Alliance\u201d by the United States, Foreign Ministry spokesperson Lin Jian said on the 5th that maintaining an open, inclusive, and inclusive international trade environment is in the common interest of all countries, and all parties have the responsibility to play a constructive role in maintaining the stability and security of the global supply chain of key minerals. At the same time, we oppose any country using the rules of \u201csmall circles\u201d to disrupt the international economic and trade order.<\/p>\n","protected":false},"excerpt":{"rendered":"
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