Protecting the USMCA from Harmful Chinese Investment Act

This bill directs the U.S. Trade Representative, during the next joint review of the United States-Mexico-Canada Agreement (USMCA), to push for each USMCA country to set up a system for reviewing foreign investments for national security risks similar to the U.S. system. It also directs the Trade Representative to seek a way for the three countries to coordinate on shared threats from investments by nonmarket economy countries, such as China. The Trade Representative must work with the Treasury and State Departments on providing technical assistance, which can include expert advisers, training, grants, and study tours, to help the countries build these review systems.

Full text and official record on Congress.gov

Sponsors

• David McCormick Republican sponsor
• 1 cosponsors