A bipartisan group of freshman senators, including Sens. Bernie Moreno, Elissa Slotkin, and Tim Sheehy, are introducing the PROTECT Act which would give the Committee on Foreign Investment in the United States new authority to block investments from Chinese companies in the U.S. The bill would require a review of investments by foreign countries of concern, particularly in sensitive technologies like artificial intelligence. The senators believe this legislation will give President Trump negotiating leverage to deal with China and prevent sensitive American land from falling into the hands of countries like China, Iran, or North Korea. The bill comes as Trump initiated tariffs on China, with the country retaliating with tariffs on U.S. imports. Moreno sees the tariffs as just the beginning of a broader effort to counter China, describing the country as a strategic adversary that the U.S. needs to reset its relationship with. The senators believe that after years of allowing China special trading privileges, the U.S. has created a monster and needs to stop being taken advantage of. They emphasize that the goal is not war with China, but rather to protect the U.S. economy and national security. As Trump’s tariffs take effect, the senators are open to negotiating deals with trading partners, but recognize that the situation with China, which holds over $1 trillion in debt, is complex.
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