An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Sanctions

Official actions taken by a government against another country, or specific individuals or groups, often to pressure them into changing their policies or behavior. These can include economic restrictions, travel bans, or asset freezes.

Rare Earth Minerals

A group of 17 chemical elements vital for manufacturing many high-tech products like smartphones, electric vehicle batteries, magnets, and military equipment.

Foreign Person

An individual who is not a U.S. citizen or permanent resident, or a company that is not organized under U.S. law or located in the U.S.

Blocking of Property

Freezing financial assets and other property, which prevents the owner from accessing, using, or transferring them. This property remains under the ownership of the sanctioned person but is held in custody.

Exclusion from United States

The act of denying a foreign individual permission to enter the United States, which can include refusing a visa.

International Emergency Economic Powers Act (IEEPA)

A U.S. law that gives the President broad authority to regulate international commerce after declaring a national emergency, often used to impose economic sanctions.