LONDON — Britain has signed a new critical minerals partnership with the Trump administration, as it seeks to diversify supply chains away from China.
Foreign Minister Seema Malhotra signed the partnership in Washington with U.S. Undersecretary of State Jacob Helberg on Wednesday night.
“As demand for critical minerals around the world continues to rise, this Memorandum of Understanding with the United States underscores our commitment to working as close allies to build resilient, diversified global supply chains,” Malhotra said in a statement.
Under the terms of the deal, the two countries have agreed to use economic policy tools and coordinated investment to secure supplies of critical minerals and crack down on subsidized imports that risk undercutting domestic production.
