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United States and Japan Sign Critical Minerals Agreement
Office of the US Trade Representative ^ | 3/28/2023

Posted on 03/28/2023 8:55:38 AM PDT by Right Wing Vegan

Historic agreement will diversify key supply chains and strengthen the U.S.-Japan bilateral economic and trade relationship

WASHINGTON -- United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States, Tomita Koji, today signed a critical minerals agreement (“Agreement Between the Government of Japan and the Government of the United States of America on Strengthening Critical Minerals Supply Chains”). The Agreement builds on the 2019 U.S.-Japan Trade Agreement and will strengthen and diversify critical minerals supply chains and promote the adoption of electric vehicle battery technologies. In particular, the Agreement memorializes the shared commitment of the United States and Japan with respect to the critical minerals sector to facilitate trade, promote fair competition and market-oriented conditions for trade in critical minerals, advance robust labor and environmental standards, and cooperate in efforts to ensure secure, transparent, sustainable, and equitable critical minerals supply chains.

“Today’s announcement is proof of President Biden’s commitment to building resilient and secure supply chains,” said Ambassador Katherine Tai. “Japan is one of our most valued trading partners and this agreement will enable us to deepen our existing bilateral relationship. This is a welcome moment as the United States continues to work with our allies and partners to strengthen supply chains for critical minerals, including through the Inflation Reduction Act.”

The Agreement establishes several new commitments and areas for joint cooperation regarding electric vehicle battery critical minerals supply chains between the United States and Japan, including those related to:

Non-imposition of export duties on critical minerals; Domestic measures to address non-market policies and practices of other countries affecting trade in critical minerals; Best practices regarding review of investments within their territories in the critical minerals sector by foreign entities; Measures that promote more resource efficient and circular economy approaches to reduce the demand for, and environmental impact of, virgin material extraction and related processes; Engagement, information-sharing, and enforcement actions related to labor rights in critical minerals extraction and processing; Remedying violations of labor rights at entities connected to critical minerals supply chains; and Promoting employer neutrality in union organizing and operations.

The Agreement entered into force immediately upon signature.


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS:

1 posted on 03/28/2023 8:55:38 AM PDT by Right Wing Vegan
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To: Right Wing Vegan

What critical minerals do we get from Japan?


2 posted on 03/28/2023 9:02:07 AM PDT by silverleaf (It’s not propaganda just because you disagree with it. )
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To: Right Wing Vegan

Question 1: Who has the critical minerals, the US or Japan? Question 2: Why the hell are we making the available to Japan?


3 posted on 03/28/2023 9:03:32 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: ConservativeInPA

Or committing ourselves to military action to make sure Japan gets critical minerals


4 posted on 03/28/2023 9:11:24 AM PDT by silverleaf (It’s not propaganda just because you disagree with it. )
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To: silverleaf
Or committing ourselves to military action

I never understood why we rebuilt Japan and Germany and then gave both protection for decades after WWII.

5 posted on 03/28/2023 9:20:09 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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To: ConservativeInPA

Our permanent bases were more about controlling them than protecting them
Careful and controlled remilitarization so they could support but not challenge our hegemony
North Korea has been allowed to fester because we needed “ bad guys” as a threat
Taiwan is cultivated as an excuse to “ defend democracy”
NATO role is to keep America in (Europe), keep Russia out (of Europe), and keep Germany “ down” (under our control)


6 posted on 03/28/2023 9:33:28 AM PDT by silverleaf (It’s not propaganda just because you disagree with it. )
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To: silverleaf

I get part of that. I had an uncle stationed in Japan and my father was stationed in Germany immediately after WWII. It’s the rebuilding their industrial base that I have a problem and continued preference to just give America away, whether it be uranium to the Russians, or farmland to China.


7 posted on 03/28/2023 9:38:01 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
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