Stop Russian Market Manipulation Act

This bill, named the "Stop Russian Market Manipulation Act," aims to prohibit the importation of certain minerals from the Russian Federation into the United States. The prohibition applies to minerals produced in Russia or by a Russian entity, and also extends to minerals obtained through exchanges or swaps designed to circumvent the ban. This measure is intended to exert economic pressure on Russia. The specific minerals targeted by this legislation include platinum (encompassing palladium, braggite, rhodium, and ruthenium), nickel , and copper ores and concentrates (including zinc), as classified under the Harmonized Tariff Schedule of the United States. The ban will commence 90 days after the bill's enactment. The import prohibition will terminate one year after the President certifies to Congress that the Government of the Russian Federation has ceased all hostilities against Ukraine. However, a three-year probationary period follows this certification, during which the ban will resume if the President certifies that Russia has restarted hostilities. Notably, the President is explicitly prohibited from waiving this import ban.