[Page S8493]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  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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