H.R. 2246, called the “Foreign Investment Guardrails to Help Thwart (FIGHT) China Act,” aims to protect U.S. national security by imposing sanctions on certain individuals linked to the People’s Republic of China and regulating investments by U.S. persons in China. The bill...
Simple Explanation
H.R. 2246, called the “FIGHT China Act,” is a proposed U.S. law that wants to keep America safe by punishing certain people linked to China and by making rules about how Americans can invest money in China. The law also gives the President power to make important decisions, and it sets aside a big amount of money to help make all these rules work.