Mandating Reports on US-China Economic Integration Risks to National Security.
This law requires the US government to regularly produce detailed reports assessing the extent of economic integration with China and the resulting risks to national security. The goal is to identify vulnerabilities in critical sectors like pharmaceuticals, semiconductors, and rare-earth minerals to protect American supply chains and intellectual property. Citizens should see this as a step toward securing essential goods and reducing reliance on foreign sources for key technologies.
Key points
The government must assess every three years how dependent critical sectors (e.g., technology, medicine, minerals) are on China.
Reports must analyze national security threats, including intellectual property theft and economic espionage risks.
The ultimate goal is to strengthen US supply chains and mitigate risks from foreign subsidies and product dumping.
Expired
Additional Information
Print number: 118_S_4026
Sponsor: Sen. Romney, Mitt [R-UT]
Process start date: 2024-03-21