New One-sided US-El Salvador Trade Agreement
Last week El Salvador and the US signed a new trade agreement . El Salvador agreed to a number of measures designed to make it easier for US producers to get their goods into the Central American country in return for removing the 10% tariff Trump imposed in the spring of last year. One provision involved opening up access to minerals in El Salvador to the US according to Reuters : The United States and El Salvador signed an agreement on Thursday aimed at encouraging investment in the exploration and export of critical minerals, which U.S. President Donald Trump has described as essential to economic and national security. The deal signed in Washington would allow U.S. companies to operate across the critical-minerals supply chain in El Salvador.... Bukele has highlighted the presence in El Salvador of minerals such as rhenium and silicon, recently added to an expanded U.S. list of critical minerals that guides Washington's priorities for clean energy, defense and manu...