Trump Unveils Executive Order to Exempt Critical Minerals from Tariffs, Boosting Supply Chains

President Trump recently signed an executive order exempting over a dozen critical minerals like lithium and copper from tariffs. This move aims to bolster U.S. supply chains, reduce reliance on imports, and stabilize prices for these essential materials. 50% tariffs on steel and aluminum currently in effect will likely be impacted by this order. The executive order also allocates $1 billion in funding to support domestic infrastructure development. This funding is expected to foster domestic production of key minerals like lithium and platinum group metals. The move is anticipated to lessen price volatility and encourage investment in strategic sectors such as batteries, defense, and renewable energy. Companies like MP Materials and Energy Fuels stand to benefit significantly from this policy shift. While the decision’s immediate impact on the cryptocurrency market is unclear, it could potentially influence tokenized commodities and DeFi protocols linked to mining and supply chains.