H.R. 1679: Global Investment in American Jobs Act of 2025

The bill titled the Global Investment in American Jobs Act of 2025 aims to enhance the ability of the United States to attract foreign direct investment (FDI) from reputable private-sector organizations based in trusted countries. It emphasizes the importance of such investments for the economic prosperity and security of the U.S. and sets forth a series of directives and evaluations regarding foreign investment.

Key Provisions

• Review of Investment Climate: The Secretary of Commerce, along with other relevant federal agencies, will conduct an interagency review on the competitiveness of the U.S. in attracting foreign investment. This includes examining barriers faced by firms in advanced technology sectors.
• Factors to Analyze: The review will cover various aspects such as:
  • The current economic impact of FDI, especially in manufacturing and services.
  • Trends in global investment and data flows.
  • Federal policies that assist in attracting and retaining foreign investment.
  • The differences between FDI and investments from domestic entities.
  • Challenges from State-owned enterprises, particularly those influenced by the Chinese Communist Party.
  • Comparative analysis of how other trusted countries handle investments and trade barriers.
• Public Participation: The Secretary will seek public comments before and after the review to incorporate diverse perspectives.
• Report to Congress: Within a year of the bill's enactment, the Secretary will submit a report to Congress summarizing the findings and offering recommendations on enhancing the U.S. investment climate.

Policy Objectives

The bill expresses that:

• The U.S. must remove unnecessary barriers to FDI from trusted nations.
• Policies should ensure the U.S. remains a top global destination for services, innovation, and manufacturing.
• Investments in cutting-edge technologies should be encouraged.
• Resilient supply chains need to be promoted to reduce dependence on adversarial countries.
• Foreign investments must align with U.S. security interests and not disadvantage domestic firms.
• Consideration of digital information's role in competitiveness and addressing issues such as data localization.
• Foreign direct investments from entities linked to the Chinese Communist Party pose a security risk and must be managed accordingly.

Definitions

The bill defines key terms, such as:

• Responsible Private-Sector Entity: An organization not organized under laws of any foreign adversary and not influenced by such entities.
• Trusted Country: Any country not classified as a foreign adversary by the Secretary of Commerce.

Limitations

The review shall not cover laws or policies related to the Committee on Foreign Investment in the United States (CFIUS).

Relevant Companies

• AAPL (Apple Inc.): As a leader in technology, changes in foreign investment policy could affect its ability to secure investments in new innovations.
• MSFT (Microsoft Corporation): Potential impacts on FDI strategies and technology partnerships could arise, especially regarding AI and cloud services.
• GOOGL (Alphabet Inc.): Might be affected by changes in policies around international data flows and investments in tech infrastructure.