Vance says US will establish price floor system for critical minerals

WASHINGTON, Feb 4 (Reuters) – U.S. Vice President ‍JD Vance told a meeting of than 50 countries on ‌Wednesday aimed ‌at boosting access to critical minerals that the U.S. will ​establish a system ‍creating price ​floors for ​the commodities.

Vance ‍said the United States was proposing a trading bloc for ‍critical minerals and many countries had ‍already ‍signed on ​to the ​plan.

(Reporting ⁠by Simon ‌Lewis, Michael Martina, Doina Chiacu and David Brunnstrom; editing by Doina ⁠Chiacu)