Trump's minerals deal may boost US green technology potential

Donald Trump, despite his previous skepticism about green technology, is focusing on securing critical minerals from countries like Ukraine, Greenland, and Canada. These minerals are essential for both defense and green technology industries, including electric vehicles. A recent report highlighted the U.S. dependence on China for critical minerals, prompting calls for a policy shift. Trump's potential "Critical Minerals Executive Order" may aim to boost U.S. mining and processing capabilities, addressing supply chain vulnerabilities. The Biden administration's Inflation Reduction Act has spurred investment in green technology, but Trump's approach may prioritize upstream mineral procurement. This shift could impact the U.S. position in the global green technology market.