Trump's Tax-Cut Bill May Hinder US Critical Minerals Sector

Reported 1 day ago

President Trump's latest tax and spending bill is poised to disadvantage American critical minerals companies by eliminating a crucial tax credit that supports the domestic production of vital materials like nickel and rare earths, essential for advanced technology and defense. This comes as lawmakers debate the bill, which prioritizes tax cuts and defense spending, putting companies at risk of closure without government support amid rising competition from China.

Source: YAHOO

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