Ban on Importing Critical Minerals from Russia to Secure Supply Chains.
This law immediately bans the import into the United States of all 'critical minerals' extracted or produced in the Russian Federation. The goal is to restrict Russian revenue and enhance the security of American supply chains. Citizens might feel an indirect impact on the cost and availability of products using these raw materials, such as electronics or batteries.
Key points
Immediate prohibition on importing all critical minerals originating from Russia.
Impact on supply chains: may necessitate finding new, more stable sources of raw materials for American manufacturing.
Expired
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