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Support for Companies Relocating Manufacturing from China to Latin America

This act aims to reduce U.S. dependency on Chinese manufacturing and curb migration from Latin America by supporting companies that move their operations there. Citizens may indirectly benefit from increased economic stability in the region and potentially more secure supply chains. Companies relocating production can expect financial and customs benefits, which might affect the availability and prices of certain products.
Key points
Companies moving manufacturing from China to Latin America or the Caribbean may receive financial support for relocation and workforce development costs.
Goods produced by these companies in Latin America or the Caribbean may be exempt from U.S. import duties for 15 years.
Support is only available to companies that create new jobs in the destination countries and are not controlled by the governments of China, Russia, or other adversaries of the U.S.
The act aims to strengthen the economies of Latin American and Caribbean countries, potentially reducing irregular migration.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_509
Sponsor: Rep. Green, Mark E. [R-TN-7]
Process start date: 2025-01-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Western Hemisphere Nearshoring Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_509.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-16.

What are the main provisions?

Key points include:

  • Companies moving manufacturing from China to Latin America or the Caribbean may receive financial support for relocation and workforce development costs.
  • Goods produced by these companies in Latin America or the Caribbean may be exempt from U.S. import duties for 15 years.
  • Support is only available to companies that create new jobs in the destination countries and are not controlled by the governments of China, Russia, or other adversaries of the U.S.
  • The act aims to strengthen the economies of Latin American and Caribbean countries, potentially reducing irregular migration.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Green, Mark E. [R-TN-7].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy Migration Public Investments