Adjusting Imports of Processed Critical Minerals and Their Derivative Products Into The United States
ProclamationTariff raisedSigned 01/14Federal Register 01/20Open the original
Summary
President Trump adjusts imports of processed critical minerals and their derivative products based on a section 232 investigation. The proclamation cites supply chains, defense, energy and battery uses, and nuclear fuel applications.
By industry
- Tariffs & Reshoring1 trading day+1.9%p15 stocks5 trading days+5.0%p15 stocks20 trading days+11.9%p15 stocks
“Adjusting Imports of Processed Critical Minerals and Their”
- Batteries, EVs & the IRA1 trading day+0.8%p15 stocks5 trading days−0.9%p15 stocks20 trading days−8.9%p15 stocks
“the energy sector relies on critical minerals, such as cobalt, nickel, uranium, praseodymium, and terbium, for battery storage”
- Defense1 trading day+1.4%p15 stocks5 trading days+1.7%p15 stocks20 trading days−8.2%p15 stocks
“production of advanced weapons systems, energy infrastructure, and everyday consumer goods”
- Nuclear Power1 trading day+2.4%p15 stocks5 trading days+3.1%p15 stocks20 trading days−5.4%p15 stocks
“for battery storage, nuclear fuel, generators, and electric vehicle motors”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 26/01/13 | 0.0% | 0.0% |
| 26/01/14 | +1.4% | −0.6% |
| 26/01/15 | +2.9% | −0.2% |
| 26/01/16 | +1.9% | −0.3% |
| 26/01/20 | +1.7% | −2.2% |
| 26/01/21 | +4.0% | −1.0% |
| 26/01/22 | +4.0% | −0.8% |
| 26/01/23 | +3.8% | −0.8% |
| 26/01/26 | +0.8% | −0.2% |
| 26/01/27 | +1.5% | +0.3% |
| 26/01/28 | +0.3% | +0.1% |
| 26/01/29 | +1.5% | +0.1% |
| 26/01/30 | +0.2% | −0.3% |
| 26/02/02 | +2.8% | +0.3% |
| 26/02/03 | +6.9% | −0.6% |
| 26/02/04 | +7.8% | −0.9% |
| 26/02/05 | +5.8% | −3.0% |
| 26/02/06 | +10.6% | −0.5% |
| 26/02/09 | +10.7% | +0.1% |
| 26/02/10 | +9.7% | −0.0% |
| 26/02/11 | +11.8% | −0.1% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
- LG Energy Solution 373220
- Samsung SDI 006400
- SK Innovation 096770
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
- Doosan Enerbility 034020
- Hyundai E&C 000720
- KEPCO E&C 052690
- KEPCO 015760
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- William Clay Ford Jr.
BuyFord Motor
BuyFord Motor
F
$1.9M
140,000 sh
$1.9M
Filed 02/23
Traded 02/19
- Badrinarayanan Kothandaraman
BuyEnphase Energy
BuyEnphase Energy
ENPH
$221.6K
4,250 sh
$221.6K
Filed 02/05
Traded 02/05
- Vincent P. DiFronzo
BuyScience Applications International
BuyScience Applications International
SAIC
$15.4K
150 sh
$15.4K
Filed 01/06
Traded 25/12/23
- Badrinarayanan Kothandaraman
BuyEnphase Energy
BuyEnphase Energy
ENPH
$38.3K
750 sh
$38.3K
Filed 02/05
Traded 02/05
- Christopher T. Calio
SellRTX
SellRTX
RTX
$10.4M
51,107 sh
$10.4M
Filed 02/23
Traded 02/19
- Fluor
SellNuscale Power
SellNuscale Power
SMR
$1.4B
71,000,000 sh
$1.4B
Filed 02/17
Traded 02/13
- Scott J. Kelly
BuyWorthington Steel
BuyWorthington Steel
WS
$273.8K
7,000 sh
$273.8K
Filed 01/29
Traded 01/27
- Edilson Camara
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$199.6K
19,700 sh
$199.6K
Filed 02/13
Traded 02/13
- Neil G. Mitchill Jr.
SellRTX
SellRTX
RTX
$4.8M
23,531 sh
$4.8M
Filed 02/23
Traded 02/19
- Dennis V. Arriola
BuyCommercial Metals
BuyCommercial Metals
CMC
$149.4K
2,000 sh
$149.4K
Filed 01/22
Traded 01/20
- Lourenco Goncalves
SellCleveland-Cliffs
SellCleveland-Cliffs
CLF
$37.3M
3,000,000 sh
$37.3M
Filed 02/11
Traded 02/11
- Jon J. Bowsher
BuyWorthington Steel
BuyWorthington Steel
WS
$100.4K
2,500 sh
$100.4K
Filed 02/03
Traded 01/30
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$2.7M
6,167 sh
$2.7M
Filed 01/06
Traded 01/02
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$2.7M
5,927 sh
$2.7M
Filed 01/06
Traded 01/02
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$2.7M
6,049 sh
$2.7M
Filed 01/06
Traded 01/02
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$2.5M
5,679 sh
$2.5M
Filed 01/06
Traded 01/02
- Christopher T. Calio
SellRTX
SellRTX
RTX
$2.3M
11,420 sh
$2.3M
Filed 02/23
Traded 02/19
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$1.8M
3,891 sh
$1.8M
Filed 01/06
Traded 01/02
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$1.7M
3,749 sh
$1.7M
Filed 01/06
Traded 01/02
- James R. Murdoch
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$1.6M
3,575 sh
$1.6M
Filed 01/06
Traded 01/02