Trump Weighs Limits on Uranium Imports After Commerce Cites Security Risk
- Commerce said to recommend steps, possibly including quotas
- Move could be boon to domestic miners, harm nuclear utilities
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The U.S. Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter.
Among the trade remedies recommended is to require nuclear power plants to purchase a minimum of 5% of the radioactive fuel from U.S. mines, said the people, who requested anonymity to discuss non-public deliberations. Two of the people said an option under consideration would see the quota escalate by 5 percentage points a year.