Today, the United States announced its list of critical sectors and key goods for potential cooperation under the IPEF Supply Chain Agreement to strengthen supply chain resiliency. This marks a significant milestone in implementing the agreement, which aims to establish a framework for deeper collaboration to prevent, mitigate, and prepare for supply chain disruptions.
The IPEF Supply Chain Council, one of three bodies established under the agreement, lays the foundation for collaboration on supply chain opportunities and challenges across the Indo-Pacific. Through the Council's work, parties may collaborate to enhance resilience, sustainability, and diversification of IPEF supply chains. They will also explore opportunities to identify best practices and advance policies that positively impact trade among parties in critical sectors or key goods.
Under the agreement, each party committed to developing a list of "critical sectors" and "key goods" for cooperation. These lists are intended to be iterative and adaptable over time.
The International Trade Administration’s Industry & Analysis unit conducted in-house analyses of supply chains for sectors and goods with potential near-term U.S. opportunities in the Indo-Pacific region. This analysis was supplemented by public input obtained via a Federal Register Notice (FRN) in June 2024 and interagency consultations.
Sectors and goods notified by multiple parties may be selected as subjects of Action Plans to identify shared vulnerabilities and build resilience per Article 10 of the agreement. The U.S. list is specifically for use within this context and is not definitive for other U.S. government supply chain efforts or priorities for discussion by the IPEF Supply Chain Council.
The United States does not anticipate that all listed sectors and goods will be selected for Action Plans; these decisions will be made by the Council. The list can be updated as needed based on ongoing input from stakeholders.
U.S. List of Critical Sectors and Key Goods:
- Agriculture
- Chemicals
- Consumer Goods
- Critical Minerals and Mining
- Energy/Environmental Industries
- Health Industries
- Information and Communication Technology Products
- Transportation and Logistics