Trade Policy and Tariff Updates

AGMA & ABMA recognize that with the latest Executive Orders affecting trade and tariffs for domestic and international companies there is a great deal of uncertainty on how the supply chain for our industries will be impacted.

We are making it a priority to provide the most up-to-date information for our members about the important issues at hand. On this page you will find articles, curated webinars for the gear and bearing manufacturers, economic reports, forecasting information and so much more. We want to remain the periscope for our members regardless of what sector you are in and are here to help you navigate the many challenges ahead.

AGMA has both live and on-demand webinars with vital information and breaking news.

March 20, 2025

President Trump Signed Executive Order Intended to Increase US-based Mining, Refining, and Production of Critical Minerals and โ€œDerivative Productsโ€

Today, President Trump signed an executive order intended to increase US-based mining, refining, and production of critical minerals and โ€œderivative productsโ€.  The executive order calls on federal agencies prioritize permitting, financing, land availability, and regulatory approvals for such projects. 

Critical minerals subject to the executive order include uranium, copper, potash, gold as well as aluminum, antimony, arsenic, barite, beryllium, bismuth, cerium, cesium, chromium, cobalt, dysprosium, erbium, europium, fluorspar, gadolinium, gallium, germanium, graphite, hafnium, holmium, indium, iridium, lanthanum, lithium, lutetium, magnesium, manganese, neodymium, nickel, niobium, palladium, platinum, praseodymium, rhodium, rubidium, ruthenium, samarium, scandium, tantalum, tellurium, terbium, thulium, tin, titanium, tungsten, vanadium, ytterbium, yttrium, zinc, and zirconium.

Derivative products subject to the executive order include semiconductor wafers, anodes, cathodes, magnets, motors, electric vehicles, batteries, smartphones, microprocessors, radar systems, wind turbines and advanced optical devices.

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