Overview
- Canada is positioned as a key ally to help the U.S. reduce dependence on China for critical minerals essential to technologies like EVs and defense systems.
- The U.S. holds only 1.3% of the world’s rare earth reserves, underscoring its significant resource vulnerability.
- Canada’s mineral wealth includes vital resources such as zinc, germanium, and gallium, which are critical for U.S. industries.
- Strengthening bilateral ties with Canada is deemed essential for boosting U.S. mining, refining, and manufacturing capabilities.
- Agricultural leaders caution that imposing tariffs on Canadian potash would severely impact American farmers’ financial stability.