Trump says he will sign a rare earth agreement with Ukraine.

On March 20,fxhub Forex platform 2025, U.S. President Trump announced that the United States is about to sign an important rare earth agreement with Ukraine. In his speech that day, Trump revealed that this move is part of U.S. efforts to strengthen economic cooperation with Ukraine, especially in the field of critical mineral resources. He emphasized that rare earth minerals are essential for the development of future technology and military applications, and this agreement will help ensure the United States' competitiveness in the global supply chain.

Additionally, Trump disclosed that he had signed an executive order aimed at increasing the production of critical minerals, particularly those vital to high-tech industries and national defense security. Trump pointed out that as global demand for resources such as rare earths continues to rise, the United States must take action to ensure a stable supply of these important resources.

The rare earth agreement signed with Ukraine is seen as a strategic move by the U.S. government in the global competition for mineral resources. Ukraine, being a mineral-rich country, is expected to enhance bilateral cooperation in the mining sector, particularly in the extraction and processing of rare earths and other critical minerals. This action by the Trump administration aims to reduce U.S. dependence on other countries, especially China, and ensure America's advantage in global technological and economic competition.

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