Directs the U.S. Trade Representative to prioritize North American alignment on foreign investment review.
The CFIUSMCA Act directs the U.S. Trade Representative to prioritize North American alignment on foreign investment review during the next joint review under the United States-Mexico-Canada Agreement. It aims to ensure that Canada and Mexico implement legislative and regulatory frameworks for reviewing foreign investments for national security risks, similar to the U.S. framework under the Defense Production Act. The Trade Representative will coordinate with the Secretary of the Treasury and the Secretary of State to provide technical assistance to USMCA countries.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.