Restoring American Mineral Security Act of 2025
Summary
The Restoring American Mineral Security Act of 2025 aims to establish a Critical Minerals Security Alliance with trusted trading partners. The goal is to reduce U.S. dependence on countries of concern, particularly the People's Republic of China, for critical minerals and derivative products. It authorizes the Trade Representative to negotiate agreements, increase duties on imports from countries of concern, and create a trust fund to support domestic mining and processing projects.
Expected Effects
This act could lead to a more secure and diversified supply chain for critical minerals. It may also incentivize domestic production and processing of these minerals. The act could also alter trade relationships and potentially increase costs for certain imported goods.
Potential Benefits
- Increased domestic production of critical minerals.
- Reduced reliance on potentially adversarial nations for essential resources.
- Strengthened trade relationships with trusted allies.
- Potential for job creation in the mining and manufacturing sectors.
- Enhanced national security through a more secure supply chain.
Potential Disadvantages
- Potential for increased costs to consumers due to tariffs on imports from countries of concern.
- Possible trade disputes with countries not included in the alliance.
- Risk of slower adoption of green technologies if critical mineral supplies are constrained.
- Administrative burden and costs associated with establishing and maintaining the alliance.
- Potential for environmental damage from increased domestic mining if not properly regulated.
Constitutional Alignment
The bill aligns with the Commerce Clause (Article I, Section 8, Clause 3) by regulating international trade and establishing trade agreements. It also aligns with the power of Congress to provide for the common defense (Article I, Section 8, Clause 1) by securing access to critical minerals essential for defense manufacturing. The establishment of a trust fund and appropriation of funds aligns with Congress's power of the purse (Article I, Section 9, Clause 7).
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).