Restoring American Mineral Security Act of 2025

This bill would allow the U.S. Trade Representative to negotiate a "Critical Minerals Security Alliance" with other countries to build a supply chain for critical minerals and certain products made with them, such as permanent magnets and batteries. To join, a country would have to raise its import duties on these goods from countries of concern (including China and Venezuela) to match U.S. rates, and drop duties on these goods from other Alliance members. Once a country joins, its mined and processed critical minerals and select products could enter the U.S. duty-free, and the same goods from countries of concern would face the U.S. duty rates on Chinese goods in effect on January 1, 2026. Congress could block a country's admission by passing a joint resolution of disapproval within 90 days. The bill would also create a Treasury trust fund, paid for with duties collected on imported critical minerals, to support mining, processing, and manufacturing projects through the Department of Energy, the Department of Defense, and the U.S. International Development Finance Corporation.

Full text and official record on Congress.gov

Sponsors

• Jimmy Panetta Democrat sponsor
• 3 cosponsors