Yellen sees growing trade with Chile, a vital EV metal supplier

Treasury Secretary Janet Yellen said the US is likely to increase mineral imports from Chile, a key supplier of lithium used in the batteries that power electric vehicles.

Wrapping up a trade-focused visit to the South American country, Yellen said the US wants to acquire minerals from free-trade partners like Chile, which also produces with “great environmental sensitivity” and has a strong climate agenda.