House bill would encourage companies to move from China to Latin America

Two House lawmakers last week introduced a bipartisan bill that would direct revenue from tariffs on Chinese goods to efforts to incentivize companies to relocate from China to Latin America. Reps. Mark Green (R-TN) and Albio Sires (D-NJ) introduced the “ Western Hemisphere Nearshoring Act ” on April 28. Sires chairs the House Foreign Affairs Western Hemisphere, civilian security, migration and international economic policy subcommittee; Green is the ranking member. Rep. Mariannette Miller-Meeks (R-IA) is another co-sponsor. According to Green,...