S.Amdt. 4804

SA 4804. Mr. YOUNG submitted an amendment intended to be proposed to
amendment SA 3867 submitted by Mr. Reed and intended to be proposed to
the bill H.R. 4350, to authorize appropriations for fiscal year 2022
for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle E of title XII, add the following:

SEC. 1253. REPORT ON GEOSTRATEGIC INTERESTS AND NATIONAL
SECURITY IMPLICATIONS RELATED TO TRADE IN INDO-
PACIFIC REGION.

(a) In General.--Not later than 150 days after the date of
the enactment of this Act, the United States Trade
Representative, in coordination with the Secretary of
Defense, the Secretary of State, the Secretary of Commerce,
and the Secretary of Homeland Security, shall submit to
Congress and make available to the public a report on
geostrategic interests and national security implications
related to trade in the Indo-Pacific region.
(b) Elements.--The report required by subsection (a) shall
include an assessment of the following:
(1) How reductions in tariffs, revisions in government
procurement rules, and other market access commitments by
countries in the Indo-Pacific region could potentially affect
United States producers and supply chains deemed critical for
national security purposes.
(2) How agreements by those countries, including with
respect to strengthening investment and intellectual property
rights, could potentially affect the development by the
United States of critical new technologies.
(3) How agreements by those countries relating to digital
trade could potentially affect United States cybersecurity,
including potential agreements entered into with the United
States to promote cybersecurity and open data flows and to
combat discriminatory practices and government censorship.
(4) How tariff and nontariff barriers imposed by those
countries and trade agreements by those countries could
broadly affect geostrategic United States interests,
partnerships, and alliances.
(5) Current and predicted foreign direct investment in the
Indo-Pacific region by the People's Republic of China.
(6) How agreements by those countries could counter the
semiconductor policies of the Government of the People's
Republic of China, particularly those policies that could
lead to the transfer of intellectual property, research and
development, and manufacturing to the People's Republic of
China.
(c) Public Hearing.--The Trade Representative and the
officials specified in subsection (a) shall jointly conduct a
public hearing and invite witnesses to testify with respect
to the elements described in subsection (b).
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