S. 4026, titled the “American Economic Independence Act of 2024,” requires the U.S. President to submit a report to Congress on the economic relationship between the United States and China. This report, due every three years for fifteen years, should evaluate the current and...
Simple Explanation
The bill wants the President to tell Congress every three years about how the USA and China are working together when it comes to business and if there are any dangers because of that. They want to make sure we stay safe while sharing this information with the public, keeping private stuff private.