Whereas, to maintain the role of the United States as a global economic leader and protect the national security interests of the United States, the United States must strengthen economic relations with countries in the Western Hemisphere; Whereas ongoing supply chain disruptions resulting from the COVID–19 pandemic demonstrate the need for the United States to increase supply chain resiliency through reshoring and nearshoring initiatives; Whereas, in 2019, the People’s Republic of China was the top supplier of goods imported into the United States, providing significant quantities of rare earth minerals, pharmaceutical ingredients, medical equipment, and other goods vital to the economic prosperity and national security of the United States; Whereas the COVID–19 pandemic and production outages and shipping disruptions in the People’s Republic of China have jeopardized worldwide access to critical goods, contributing to an unprecedented, ongoing supply chain crisis that has exposed the severe risks of concentrating global supply chains in the People’s Republic of China; Whereas Congress has raised concerns about the reliance of the United States on global supply chains based in the People’s Republic of China; Whereas the People’s Republic of China has shown its willingness to use critical supplies as a political tool to advance the goals of the Chinese Communist Party, including when the People’s Republic of China— (1) threatened to withhold rare earth mineral shipments to Japan; and (2) utilized personal protective equipment and vaccines as a diplomatic tool; Whereas findings made pursuant to a supply chain review required by President Joseph R. Biden, Jr., under Executive Order 14017 (86 Fed. Reg. 11849) and released on June 8, 2021, recommended that, in addition to expanding domestic production capacity, the United States Government use diplomatic and financial tools to cooperate with allies to create more diverse, resilient, and secure supply chains