Caroline Hyde

We'll tell you all about the plans for the first of its kind stockpile for the U.S.

private sector.

That's next.

This is Bloomberg Tech.

President Trump is set to launch a $12 billion stockpile of strategic critical minerals.

The move is set to counter U.S.

reliance on Chinese rare earths, but it's sent prices for related companies higher.

But it's all according to sources thus far.

Let's bring in Bloomberg's tech editor in D.C., Mike Shepard.

Tell us about this first-of-its-kind store for U.S.

private sector.

What do we know is set to potentially be announced here, Mike?

Senior administration officials have been detailing what could be announced.

But what's interesting, Mike, is which countries are we going to be sourcing from?

And what sort of backstops do the export-import bank need to know that they can sell this on correctly and not be landed with an awful lot of minerals?

We'll see how Project Voltage is known, continues Bloomberg's Mike Shepard.

Thanks for detailing all of this.

Let's get the broader economic picture now.

Let's talk about what's moving tech stocks in particular.

Natalie Gallagher is with us, principal economist and directorate board.