Protecting the USMCA from Harmful Chinese Investment Act

The bill directs the U.S. Trade Representative to advocate during the next USMCA joint review that Mexico and Canada establish foreign investment review frameworks similar to the U.S. Committee on Foreign Investment in the United States (CFIUS) process under the Defense Production Act, to address national security risks from investments by nonmarket economy countries like China. It also calls for creating a coordination mechanism among USMCA countries to address shared threats from such investments and authorizes the Trade Representative, in coordination with the Treasury and State Departments, to provide technical assistance—including expert advisers, training, grants, and study tours—to…

No official summary is available here. This one was written by AI from the bill’s text.