Senator Hassan advocates for U.S.-Canada cooperation on critical minerals trade

The U.S. Senate Committee on Finance meeting on May 14, 2025, spotlighted the urgent need for enhanced cooperation with Canada to address critical supply chain vulnerabilities, particularly in the realm of essential minerals. Senator Hassan emphasized the importance of critical minerals like gallium and germanium, which are vital for a range of products from smartphones to defense technologies.

During the discussions, experts highlighted that Canada possesses abundant critical minerals, making it a key ally in reducing U.S. reliance on China. However, concerns were raised about the current administration's approach, which includes imposing tariffs on Canadian imports while seeking concessions from China for mineral access. This strategy has drawn criticism for potentially undermining U.S.-Canada relations.

Dr. Pascarin, a witness at the hearing, underscored the importance of prioritizing trade with Canada to strengthen supply chains. He pointed out that the U.S. often sends raw materials like zinc to Canada for processing, only to bring back refined products for manufacturing. This interconnectedness highlights the need for a more strategic partnership with Canada, especially as the U.S. aims to bolster its energy leadership through nuclear power, leveraging Canada’s vast uranium reserves.

The discussions at the meeting reflect a growing recognition of the need for a cohesive strategy to secure critical supply chains, with Canada positioned as a pivotal partner in this effort. As the U.S. navigates its trade policies, the call for a reevaluation of tariffs and a focus on collaboration with Canada could reshape the landscape of critical mineral supply chains in the coming years.