USTR announces action plan with Mexico to coordinate critical‑minerals trade policies

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Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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directive

Publication of the USTR Action Plan documents or official USTR statement detailing the plan and its measures.

Source summary

The United States hosted the 2026 Critical Minerals Ministerial on February 4, bringing together representatives from 54 countries and the European Commission to coordinate global supply-chain action for critical minerals and rare earths. The U.S. announced the launch of the Forum on Resource Geostrategic Engagement (FORGE) to succeed the Minerals Security Partnership, signed 11 new bilateral frameworks or MOUs, and highlighted over $30 billion in recent government-backed financing and letters of interest to support strategic minerals projects. Agencies cited large financing initiatives including EXIM’s $10 billion Project Vault, DOE loans and conditional commitments for battery and mineral projects, and DFC investments and commitments through partnerships and consortia. USTR also announced coordinated Action Plans with Mexico and plans to work with the European Commission and Japan on supply-chain resilience.

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Latest fact check

The U.S. Trade Representative (Ambassador Jamieson Greer) announced a U.S.–Mexico “Action Plan on Critical Minerals” on Feb. 4, 2026; the USTR press release states the two countries “will work to develop coordinated trade policies and mechanisms that mitigate critical mineral supply chain vulnerabilities.” (The plan outlines a 60‑day process and mentions exploring border‑adjusted price floors and consultations on incorporating them into a binding plurilateral agreement.) Verdict: True — primary USTR and U.S. State Department releases and contemporaneous reporting (Reuters, CNBC) directly confirm the announcement and its purpose to develop coordinated trade policies and mechanisms to mitigate supply‑chain vulnerabilities.

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Timeline

Update · Feb 05, 2026, 12:25 PMTrue
The U.S. Trade Representative (Ambassador Jamieson Greer) announced a U.S.–Mexico “Action Plan on Critical Minerals” on Feb. 4, 2026; the USTR press release states the two countries “will work to develop coordinated trade policies and mechanisms that mitigate critical mineral supply chain vulnerabilities.” (The plan outlines a 60‑day process and mentions exploring border‑adjusted price floors and consultations on incorporating them into a binding plurilateral agreement.) Verdict: True — primary USTR and U.S. State Department releases and contemporaneous reporting (Reuters, CNBC) directly confirm the announcement and its purpose to develop coordinated trade policies and mechanisms to mitigate supply‑chain vulnerabilities.
Original article · Feb 05, 2026
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