S 5137
Defending American Property Abroad Act of 2024
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Bill overview
The Defending American Property Abroad Act of 2024 aims to protect U.S. property located in foreign countries, particularly within Western Hemisphere free trade partners. It directs the government to identify and designate ports, harbors, and marine terminals where U.S. property has been nationalized or expropriated, and then prohibits U.S. vessels from using these locations for importing, releasing goods, docking, or servicing. The bill also requires the Trade Representative to address these issues in USMCA reviews and mandates regular reports to Congress on the implementation and impact of these measures.
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