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Code · BILL · 116th Congress · S. 2 (Introduced in Senate) — To safeguard certain technology and intellectual property in the United States from export to or influence by the Peo... · Sec. 3

Sec. 3. Statement of policy

147 words·~1 min read·/bill/116/s/2/is/section-3

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It is the policy of the United States— to impose restrictions on Chinese investment in the United States in strategic industries targeted by the Made in China 2025 initiative set forth by the Government of the People's Republic of China; to tax Chinese investment in the United States due to its negative effect on the United States trade deficit and wages of workers in the United States; to increase the cost of transnational production operations in the People's Republic of China in a manner consistent with the economic cost of the risk of loss of unique access by the United States to intellectual property, technology, and industrial base; and to support democratization in and the human rights of the people of Hong Kong, including the findings and declarations set forth under section 2 of the United States-Hong Kong Policy Act of 1992 ( 22 U.S.C. 5701 ).
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Statement of policy
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