Trump Announces ‘Project Vault’ [WATCH]

President Donald Trump announced the launch of a new initiative aimed at protecting American businesses and workers from shortages of critical minerals during market disruptions, unveiling what he described as a strategic reserve designed specifically for U.S. industry.

Speaking about the new effort, Trump said Project Vault is intended to prevent the kinds of supply disruptions that have threatened American manufacturing and economic stability in recent years. He said the initiative will mirror the role of the strategic petroleum reserve but will focus on minerals essential to industrial production and national strength.

“For years, American businesses have risked running out of critical minerals during market disruptions,” Trump said. “Today, we’re launching what will be known as project vault to ensure that American businesses and workers are never harmed by any shortage.”

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Trump said the project is a direct response to recent disruptions and is designed to ensure continuity across key sectors of the economy.

“We don’t want to ever go through what we went through a year ago, just as we although it did work out. Thank you,” he said.

According to Trump, Project Vault will establish a reserve structure similar to existing national stockpiles used for defense purposes, but tailored to support private industry and domestic production.

“Just as we have long had a strategic petroleum reserve and a stockpile of critical minerals for national defense, we’re now creating this reserve for American industry so we don’t have any problems,” Trump said.

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The president outlined the financial structure of the initiative, saying it will rely on a combination of public and private funding, with the goal of strengthening supply chains while also generating returns for taxpayers.

“This historic initiative will combine $10 billion dollars in export, import, bank financing, with $2 billion in private sector financing,” Trump said.

Trump added that the financing model is expected to benefit taxpayers rather than burden them, noting that loan interest tied to the program could generate revenue.

“And we even expect the American taxpayer to make a profit from the interest on the loan used to start the project vault,” he said.

Trump described the initiative as long overdue, criticizing previous administrations for failing to act despite years of discussion about vulnerabilities in critical mineral supply chains.

“It’s an amazing thing. They’ve been talking about it for years,” Trump said. “The president said a lot of talking, but they didn’t do anything.”

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Project Vault is intended to address concerns that disruptions in global markets or geopolitical instability could leave U.S. companies without access to materials essential for manufacturing, energy, technology, and infrastructure.

Trump said the initiative reflects his administration’s focus on economic resilience, domestic production, and long-term national security.

By creating a dedicated reserve for industry, Trump said the administration aims to reduce dependence on foreign supply chains and ensure that American workers and businesses are insulated from sudden shortages that could slow production or lead to job losses.

Trump framed the launch of Project Vault as part of a broader effort to strengthen American industry through proactive planning rather than reactive measures, emphasizing that the program is designed to protect both economic growth and national interests while delivering tangible returns for taxpayers.