‘Friendshoring’ is a more frequently employed practice in trade policy to ensure a reliable supply of key materials. Recent U.S. investments suggest a pivot toward more secure rare earth element (REE) supply chains, creating the opportunity for longtime U.S. trade partners like Australia to become a source of REE imports.
This Executive Briefing on Trade will examine the friendshoring approach as it applies to the supply chain for rare earth elements
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Website: | Visit Publisher Website |
Publisher: | U.S. International Trade Commission |
Published: | April 1, 2023 |
Copyright: | © |