Donald Trump has said his administration will move towards achieving “US energy dominance”
Yesterday! the world witnessed the inauguration of the 47th president of the world’s How will Trump most powerful nation! including in the mining industry. Donald Trump declared that his administration would move towards achieving “US energy dominance.” He emphasized: “America has vast reserves of ‘liquid gold’ and other valuable minerals and resources!” adding: “We will drill! and drill again!”
Achieving energy dominance will require significant amounts of minerals!
From tungsten used in drilling rigs to copper needed for electrical transmission lines. Ensuring reliable mineral supply chains is also critical to this goal.
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Trump’s 2.0 approach is expected to focus on four main policy priorities: tax cuts and financial sector deregulation; imposing protectionist tariffs on imports from China (especially) and other trading partners aimed at overcoming the negative effects of globalization on American workers; combating illegal immigration; and promoting affordable and cheap energy.
The above makes Ukrainian subsoil users pay special attention to the mood on Capitol Hill! because the United States is the main partner in the development of the extraction of critical minerals.
Key areas to watch during the Trump presidency can be divided into the following categories:
“Decoupling” from China and reducing reliance on foreign supply chains . Trump is fluency in another language likely to focus on creating self-sufficient supply chains by boosting domestic manufacturing and applying tough protectionist measures. Expect increased tariffs on imports of critical minerals and government support for American manufacturers.
Speeding up permitting and reducing environmental regulations. His aub directory administration is likely to streamline permitting procedures for mineral extraction and processing! reducing environmental requirements! which could help new projects get off the ground more quickly.
