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National Strategy for US Economic Competitiveness and Tech Leadership

This law requires the President to develop and publish a national strategy every three years aimed at maintaining US economic and technological superiority against global competitors. The strategy focuses on securing supply chains, protecting intellectual property, and fostering innovation, which is intended to support long-term economic stability and job creation in critical sectors. The plan must be developed in consultation with businesses, unions, and local governments.
Key points
Mandates a public, triennial national strategy focused on securing US global technological leadership.
Strengthens supply chain resilience by identifying critical products that must be manufactured domestically or in allied nations.
Focuses on protecting American intellectual property and trade secrets, especially in emerging technology fields.
Requires assessing and strengthening export controls to prevent US technology misuse by strategic competitors.
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Additional Information
Print number: 118_HR_9320
Sponsor: Rep. Sherrill, Mikie [D-NJ-11]
Process start date: 2024-08-06