H.R. 6707

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6707 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 6707

To direct the United States Trade Representative to prioritize North 
American alignment on foreign investment review during the next joint 
review conducted under the United States-Mexico-Canada Agreement.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

December 15, 2025

Mr. Arrington (for himself, Mr. Schneider, Mr. Moran, and Mr. 
Moolenaar) introduced the following bill; which was referred to the 
Committee on Ways and Means

_______________________________________________________________________

A BILL

To direct the United States Trade Representative to prioritize North 
American alignment on foreign investment review during the next joint 
review conducted under the United States-Mexico-Canada Agreement.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Consistency in Foreign Investment in 
the United States-Mexico-Canada Agreement Act'' or the ``CFIUSMCA 
Act''.

SEC. 2. NORTH AMERICAN ALIGNMENT ON FOREIGN INVESTMENT REVIEW.

(a) Sense of Congress.--It is the sense of Congress that--
(1) Canada and Mexico are the two largest trading partners 
of the United States, with bilateral goods and services trade 
between the United States and each such country reaching 
approximately $1,000,000,000,000 in 2024;
(2) the United States-Mexico-Canada Agreement (USMCA) 
underpins much of the trade referred to in paragraph (1) and 
promotes a strong North American supply chain that supports 
millions of good-paying jobs in the United States;
(3) given the close economic relationship between the 
United States, Mexico, and Canada under the USMCA, ensuring 
that each party has robust investment review mechanisms in 
place is important towards strengthening the collective 
national security interests of those countries;
(4) the Committee on Foreign Investment in the United 
States plays a critical role in protecting the national 
security of the United States by reviewing foreign investments 
for national security risks; and
(5) the establishment or modification by Mexico and Canada 
of legislative and regulatory frameworks to review foreign 
investments for national security risks that are similar to the 
framework established under section 721 of the Defense 
Production Act of 1950 (50 U.S.C. 4565) would--
(A) advance the national security interests of the 
United States; and
(B) allow for closer coordination between the USMCA 
countries with respect to shared threats from 
investments in strategically important economic sectors 
and critical infrastructure in North America.
(b) Joint Review Negotiation Objective.--Subject to the 
requirements of section 611 of the United States-Mexico-Canada 
Agreement Implementation Act (19 U.S.C. 4611), during the first joint 
review conducted after the date of the enactment of this Act, the Trade 
Representative shall advocate for--
(1) each USMCA country to implement a legislative and 
regulatory framework for reviewing foreign investment for 
national security risks that is similar to the framework 
established under section 721 of the Defense Production Act of 
1950 (50 U.S.C. 4565); and
(2) the establishment of a mechanism for USMCA countries to 
coordinate to address shared threats from investments in 
strategically important economic sectors and critical 
infrastructure in North America that is overseen by the Trade 
Representative, Secretary of State, and Secretary of the 
Treasury and provides a forum for each USMCA country to--
(A) implement this mechanism;
(B) enhance communication and cooperation among the 
USMCA countries related to shared threats from foreign 
investment;
(C) facilitate the development of consistent 
foreign investment screening practices and standards 
among the USMCA countries;
(D) exchange information on shared threats from 
investments in strategically important economic sectors 
and critical infrastructure;
(E) notify the other USMCA countries of investments 
in strategically important economic sectors and 
critical infrastructure; and
(F) identify, consult, manage, and resolve existing 
or proposed foreign investments in one USMCA country 
determined to pose a national security risk to another 
USMCA country.
(c) Technical Assistance.--In carrying out subsection (b)(1), the 
Trade Representative shall coordinate with the Secretary of the 
Treasury and the Secretary of State with respect to the provision of 
technical assistance to USMCA countries to support the establishment or 
modification of frameworks for reviewing foreign investments for 
national security risks. With respect to the provision of technical 
assistance to USMCA countries to support the establishment or 
modification of frameworks for reviewing foreign investment for 
national security risks, the Trade Representative shall also consult 
closely and on a timely basis with appropriate Congressional 
committees, including the Committee on Ways and Means of the House of 
Representatives and the Committee on Finance of the Senate.
(d) Definitions.--In this section:
(1) Critical infrastructure.--The term ``critical 
infrastructure'' means, in the context of a particular covered 
control transaction, systems and assets, whether physical or 
virtual, so vital to the United States that the incapacity or 
destruction of such systems or assets would have a debilitating 
impact on national security.
(2) Foreign investment.--The term ``foreign investment'' 
has the meaning given the terms ``covered investment'', 
``covered investment critical infrastructure'', and ``covered 
transaction'' in sections 800.211 through 800.213 of title 31, 
Code of Federal Regulations.
(3) Joint review.--The term ``joint review'' has the 
meaning given that term in section 611 of the United States-
Mexico-Canada Agreement Implementation Act (19 U.S.C. 4611).
(4) Trade representative.--The term ``Trade 
Representative'' means the United States Trade Representative.
(5) National security risk.--The term ``national security 
risk'' has the meaning given that term for purposes of any 
determination under section 721 of the Defense Production Act 
of 1950, including as provided in Executive Order 14083 (87 
Fed. Reg. 57369; relating to ensuring robust consideration of 
evolving national security risks by the Committee on Foreign 
Investment in the United States).
(6) Strategically important economic sectors.--The term 
``strategically important economic sectors'' includes--
(A) advanced computing;
(B) advanced engineering materials;
(C) advanced gas turbine engine technologies;
(D) advanced and networked sensing and signature 
management;
(E) advanced manufacturing;
(F) artificial intelligence;
(G) biotechnologies;
(H) critical technologies, as such term is defined 
in section 800.215 of title 31, Code of Federal 
Regulations;
(I) data privacy, data security, and cybersecurity 
technologies;
(J) directed energy;
(K) highly automated, autonomous, and uncrewed 
systems, and robotics;
(L) human-machine interfaces;
(M) hypersonics;
(N) integrated communication and networking 
technologies;
(O) positioning, navigation, and timing 
technologies;
(P) quantum information and enabling technologies;
(Q) semiconductors and microelectronics; and
(R) space technologies and systems.
(7) USMCA.--The term ``USMCA'' has the meaning given that 
term in section 3 of the United States-Mexico-Canada Agreement 
Implementation Act (19 U.S.C. 4502).
(8) USMCA country.--The term ``USMCA country'' has the 
meaning given that term in section 202(a) of the United States-
Mexico-Canada Agreement Implementation Act (19 U.S.C. 4531(a)).
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