Restoring American Mineral Security Act of 2025

This bill allows the U.S. Trade Representative to negotiate a "Critical Minerals Security Alliance" with other countries to build a supply chain for critical minerals and products made with them, such as magnets and batteries. Member countries would have to raise tariffs on these goods from countries of concern, including China and Venezuela, to match U.S. rates, and drop tariffs on these goods traded among members. Once the first country joins, the U.S. would charge China-level tariffs on these goods from all countries and entities of concern, and goods from member countries would enter the U.S. duty-free. Congress could block a country's admission by passing a joint resolution of disapproval within 90 days. Tariff money collected on critical minerals would go into a new trust fund split among the Department of Energy, the Department of Defense, and the U.S. International Development Finance Corporation to support mining, processing, and manufacturing projects.

Full text and official record on Congress.gov

Sponsors

• Catherine Cortez Masto Democrat sponsor
• 1 cosponsors