According to reports, President Donald Trump plans to use emergency powers and reduce legal requirements, including some legislative financing approvals, to a bill that would lift the US in producing vital minerals and weaponry.
The Defense Production Act, a US legislation that gives the president extensive emergency powers to regulate domestic businesses and resources during national security emergencies, would be affected by Trump's decision.
The action is said to be the White House's most recent attempt to change a vital mining sector that is controlled by China, the main economic foe of the US.
China has recently stopped vital mineral exports and disrupted global supply chains as part of its use of leverage in response to Trump's trade war.
According to the official website, the document is anticipated to be published on the Federal Register this week.
In March, Trump cited legislation from the Korean War to increase home production of vital minerals used in modern weapons, computer chips, consumer goods, and robots.
The law limits the president's power in certain ways, such as mandating that projects costing more than $50 million must be approved by Congress and that project completion dates be within a year.
According to reports, Trump is anticipated to use his emergency powers to waive those conditions before the document is scheduled to be published.
During the COVID-19 pandemic, former President Joe Biden signed similar exemptions to expedite the manufacture of vaccines and medical equipment.
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According to George Washington University professor John Paul Helveston, U.S. investments in vital minerals are a long-term solution to the issue, making the country short-term susceptible to China's trade policies.