To quote:
"The bipartisan bill creates a $20 per kilogram production tax credit for magnets that are manufactured in the United States, or $30 per kilogram for magnets that are both manufactured in the United States and for which all component rare earth material is produced and recycled or reclaimed wholly within the United States. To be eligible, the rare earth magnets may not include any component rare earth magnet material produced in non-allied foreign nations such as China, Iran, North Korea, and Russia."
https://swalwell.house.gov/media-center/press-releases/swalwell-and-reschenthaler-introduce-bill-incentivize-american-made-rare
Of course it isn't passed yet.
Bill to subsidise US magnets
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