Some Comfort For Nuclear Industry As Trump Exempts Uranium From Sweeping Tariffs

In 2023, imports accounted for 99% of U3O8 used to make reactor fuel in the US

Some Comfort For Nuclear Industry As Trump Exempts Uranium From Sweeping Tariffs
Trump slapped hefty tariffs on dozens of countries – including top trading partners such as China, Vietnam and the EU. Courtesy Donald Trump/Facebook.

The US government exempted a number of metals and minerals – including the uranium needed for nuclear power plants – from its sweeping new tariffs.

In what can be seen as at least a partial victory for the US nuclear energy industry, exemptions to the new duties include uranium ores and other types of the nuclear fuel.

An executive order exempts materials, including many metals, from both the 10% minimum tariff and the tougher country-specific import taxes introduced by Trump.

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