S 2861
Protecting the USMCA from Harmful Chinese Investment Act
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- Became Law
Bill overview
This bill, the Protecting the USMCA from Harmful Chinese Investment Act, directs the U.S. Trade Representative to prioritize aligning North American investment review practices with the United States-Mexico-Canada Agreement (USMCA). Specifically, it encourages Canada and Mexico to establish similar national security investment review frameworks to the U.S. system and promotes coordination among the three countries to address shared risks from investments by countries like China. The bill aims to strengthen the North American supply chain and protect national security interests.
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