EU moves on critical raw materials to boost home production
https://apnews.com/article/eu-green-economy-subsidies-china-us-718b501170ed7f8e17f5ccb2a02cdc74
BRUSSELS (AP) — The European Union presented plans Thursday to fundamentally revamp its policies on dealing with critical raw materials, imposing limits on imports from countries like China while unleashing subsidies and other financial incentives to ramp up home production.
The plans by the European Commission, the EU's executive arm, are essential in moving toward a climate neutral economy, while also increasing its strategic independence in a shifting world of geopolitical alliances.