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J. D. Vance: “We will establish reference prices for critical minerals at…”

Featuring: J. D. Vance, Republican | Vice President of the United States | National

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JUST IN: JD Vance, Marco Rubio Lead Critical Minerals Ministerial With Foreign Representatives

Published | Video Starts at 13:13

So this morning, the Trump administration is proposing a concrete mechanism to return the global critical minerals market to a healthier, more competitive state. A preferential trade zone for critical minerals protected from external disruptions through enforceable price floors. We will establish reference prices for critical minerals at each stage of production, pricing that reflects real world fair market value. And for members of the preferential zone, these reference prices will operate as a floor maintained through adjustable tariffs to uphold pricing integrity. (13:13–13:23)

CLAIM

Asserts that the Trump administration plans to establish reference prices for critical minerals.

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