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Trump says no critical minerals tariffs for now, will seek overseas supplies

Trump directs trade officials to negotiate import terms to reduce reliance on foreign critical minerals, citing national security risks from price volatility and China's export controls.

Summary
U.S. President Donald Trump said on Wednesday he had opted for now against imposing tariffs on rare earths, lithium and other critical minerals, and instead ordered his administration to seek supplies from international trading partners. The move defers a decision on duties that could further roil the U.S. economy, especially while the Supreme Court is deliberating the legality of Trump's tariffs. By acknowledging the country is far from being self-reliant for its critical minerals needs, though, it may rankle the domestic mining sector.

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Trump Holds Off on Critical Minerals Tariffs After Trade Probe

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Bloomberg broke the news in United States on Wednesday, January 14, 2026.
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