(ConservativeInsider.org) – While Senate Majority Leader Chuck Schumer (D-NY) tends to pander to the Democrats’ progressive agenda, he’s currently moving forward with a uniquely bipartisan bill aimed at curbing China’s power in the coming years. The US Innovation and Competition Act (USICA), which the Senate passed in June, will soon head to the lower chamber for a vote.
Schumer’s proposed $250-billion USICA bill would prohibit the federal government from purchasing some products, including drones, from China while simultaneously encouraging the government to buy American-made goods. While there’s a mutual dependency between the two world powers, this act is a step towards limiting China’s influence over the US supply chain and boosting US manufacturing through federal contracts.
Newsmax National Correspondent Logan Ratick shared more about Schumer’s proposal on Twitter:
— Logan Ratick (@Logan_Ratick) November 29, 2021
The bill also addresses threats from China, including intellectual property theft, cyberattacks, and prohibiting the use of government hardware to download the controversial China-based social network app TikTok. Understandably, China expressed its anger about the bill and has voiced that reprisals, such as limiting the export of microchips and electric car batteries, could be waiting should President Biden sign the bill into law. However, as with most forms of retaliation, such a response would hurt not only the US, but China as well.
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