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The Trade Guys

Critical Minerals, CBAM, and AGOA

Apr 29, 2024
This podcast discusses critical mineral agreements, the administration's climate task force considering CBAM, and the proposed AGOA. They explore challenges in mineral sourcing, carbon border adjustments, and reevaluating AGOA outcomes. Additionally, they touch on strategies for African economic integration and a curious discussion on NFL Draft night and Falconers in Detroit.
30:39

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Quick takeaways

  • Negotiations for critical mineral agreements focus on specific countries, broadening scope is urged by Congress.
  • Proposed Agoa reforms aim to enhance economic integration, stability, and enforcement options for Africa's growth.

Deep dives

Critical Minerals Agreements and Their Impact on Trade

Many countries are seeking critical minerals agreements with the US to access the market for minerals essential for products like electric vehicles. These agreements require the minerals to come from specific countries, which has led to negotiations with nations like Japan, the EU, and others. However, congressional concerns have arisen over lack of consultation on agreements and the need for them to cover a broader scope not just minerals.

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