Connect with us

Hi, what are you looking for?

Florida News

Maria Elvira Salazar, Bill Cassidy Unveil Draft Legislation to Counter China in the Western Hemisphere

Last week, U.S. Rep. Maria Elvira Salazar, R-Fla., and U.S. Sen. Bill Cassidy, R-La., released a discussion draft of the “Americas Trade and Investment Act” (Americas Act) to create an ever-expanding and permanent trade partnership of Western Hemisphere countries promoting prosperity and stability.

The draft bill counters China’s growing control over global manufacturing and geopolitics by uniting democracies in our hemisphere through fair trade and shared values.

“It’s time we unleash the full economic potential of the United States and Latin America. The Americas Act is the solution to grow our economy and bring stability to the hemisphere,” said Salazar. “This bill will create new business opportunities at home and abroad, help our allies in the region, build resiliency for American supply chains, and reduce incentives to migrate.”

“We need to prioritize partnerships in the Western Hemisphere to improve trade, bring manufacturing back to our shores, and compete with China,” said Cassidy. “This discussion draft is about leveling the playing field between freedom-loving democracies and those who exploit the rules.”

The Americas Act discussion draft would:

1. Re-shore and near-shore manufacturing to boost American industry and protect crucial supply chains.

2. Encourage American companies to bring manufacturing back from China with competitive tax incentives.

3. Improve energy security by investing in energy development in the hemisphere.

4. Establish de minimis reciprocity to close China’s trade loophole and protect American manufacturers.

5. Create a pathway to US-Mexico-Canada Agreement (USMCA) membership.

6. Create an expanding community of nations focused on improving hemispheric integration and prosperity called the “Americas Partnership”.

7. Establish an E-Governance System to administer all public and private interactions within the Americas Partnership to combat the “gray economies” and prevent corruption.

8. Establish an “Americans Investment Corporation” to address critical infrastructure needs, spur economic development across Latin America, and address the migration crisis through a supply-side response.

9. Strengthening cultural bonds and integration among populations.

Author

  • Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

    View all posts

Archives

Related Stories

Political News

Rep. María Elvira Salazar (R-FL)  will be joining SpaceX founder Elon Musk and Vivek Ramaswamy in the at the soon to be launched Department...

Political News

Below is a statement from the office of Florida’s U.S. Senators, Sen. Marco Rubio and Sen. Rick Scott, regarding the U.S. Army Corps of...

Florida Government & Politics

The Institute for Legislative Analysis (ILA) just released the voting trends on Florida U.S Congressional members.Their latest analysis found that “culture war” issues have...

Florida News

U.S. Rep. Maria Elvira Salazar, R-Fla., announced that the Small Business Administration (SBA) will implement her “RECLAIM Taxpayer Funds Act.”Salazar got her bill through...

Florida News

Last week, U.S. Rep. Maria Elvira Salazar, R-Fla., got her “RECLAIM Taxpayer Funds Act” through the U.S. House without opposition.“This bill will recover billions...

Florida News

A South Florida congresswoman is championing a bill to “empower the United States Agency for International Development (USAID) to boost its research and development...

Florida News

This week, U.S. Rep. Maria Elvira Salazar, R-Fla., showcased her support for U.S. Rep. Dan Goldman’s, D-NY, “Immigration Court Efficiency and Children’s Court Act.”The...

Florida News

On Tuesday, U.S. Rep. Maria Elvira Salazar, R-Fla., applauded the establishment of the South Florida Climate Resilience Tech Hub, a partially Miami-Dade County-based center...