S. 429In Committee
STRATEGIC Minerals Act
Authorizes trade agreements and tariff changes to expand U.S. access to critical minerals and rare earth elements, while barring agreements with certain nonmarket foreign countries of concern
Plain-English overview
What this bill does
Authorizes trade agreements and tariff changes to expand U.S. access to critical minerals and rare earth elements, while barring agreements with certain nonmarket foreign countries of concern
Key points
- Authorize critical minerals trade agreements
- Prohibit agreements with foreign countries of concern
- Allow tariff modifications for agreements
- Expand domestic source eligibility
Current status
Where it stands
Status
In Committee
Latest action
2025-02-05 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedCivil actions and liabilityCongressional oversightCongressional-executive branch relationsForeign Trade and International FinanceMaterialsMiningNormal trade relations, most-favored-nation treatment