Welt Hok
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Welt Hok
No Result
View All Result
Home Latest News

Ricketts, Fetterman team up for crackdown on China’s attempts to purchase US farmland

admin by admin
June 5, 2025
in Latest News
0
Ricketts, Fetterman team up for crackdown on China’s attempts to purchase US farmland
NEWYou can now listen to Fox News articles!

Republican Sen. Pete Ricketts, Democrat Sen. John Fetterman and others are teaming up on legislation to codify oversight on foreign countries buying American farmland.

The bipartisan Agricultural Foreign Investment Disclosure (AFIDA) Improvements Act seeks to implement recommendations published by the Government Accountability Office (GAO) in January 2024, which found the AFIDA was ill-equipped to combat foreign ownership of American agricultural land. 

‘American farmland should remain in the hands of American farmers and ranchers, not foreign adversaries,’ Ricketts of Nebraska shared first with Fox News Digital. ‘The neighbors who feed us should benefit from land ownership, not Communist China. Food security is national security.’

The bill, also co-sponsored by Sens. Tommy Tuberville of Alabama, John Cornyn of Texas, Roger Wicker of Mississippi and Rep. Don Bacon of Nebraska introduced legislation, requires AFIDA reporting for foreign persons holding more than one percent interest in American agricultural land.

‘Over the past several decades, China has been buying up American farmland in an attempt to infiltrate our agriculture supply chains. Food security is national security, and we cannot give the CCP a foothold,’ Tuberville said in a statement to Fox News Digital.

The AFIDA Improvements Act aims to increase information-sharing between the Committee on Foreign Investment in the United States and the U.S. Department of Agriculture (USDA). It also requires updates to the AFIDA’s handbook and establishes a deadline for USDA to set up an online AFIDA system. 

The bill’s House sponsor, Bacon, told Fox News Digital that ‘having actual processes in place will strengthen the security of our nation in the event nefarious foreign agents, such as the CCP, try to purchase agricultural lands within our nation.’ 

Based on the GAO’s recommendations, the bill seeks to update the Agricultural Foreign Investment Disclosure Act of 1978 to better equip the USDA to combat foreign adversaries’ ownership of American agricultural land.

Under AFIDA, foreign entities must disclose to the USDA transactions of American agricultural land. 

Foreign investors own over 40 million acres of agricultural land in the United States, and between 2010 and 2021, Chinese ownership of American agricultural land increased from 13,720 acres to 383,935 acres, according to the USDA. 

The AFIDA Improvements Act is the latest attempt by Congressional Republicans to track foreign ownership of American farmland and strengthen national security. It was first introduced by Bacon and Sen. Tammy Baldwin, D-Wisc., in 2024. 

China owned around 350,000 acres of farmland across 27 states as of last year, according to data from the U.S. Department of Agriculture

The movement to ban China from buying U.S. farmland located near military bases has been gaining steam in the Senate this year. The PASS Act, led by Sen. Mike Rounds, R-S.D., has the backing of Majority Leader John Thune, R-S.D., and would prevent any entity from a ‘covered country,’ which includes China, North Korea, Russia and Iran, from purchasing agricultural land near military bases or sensitive sites. 

Republican Sens. Tom Cotton of Arkansas, Kevin Cramer of North Dakota and Katie Britt of Alabama, proposed The Not One More Inch or Acre Act, earlier this year to ban China from buying U.S. land entirely. 

On the presidential campaign trail in 2024, President Donald Trump indicated he would ban China from buying American farmland. 

The Senate passed an amendment with bipartisan support in 2023 that would ban China, Russia, North Korea and Iran from buying American farmland and agricultural businesses, but it did not become law. 

Fox News Digital’s Morgan Phillips contributed to this report. 

This post appeared first on FOX NEWS
Previous Post

Hamas working to ‘sabotage’ Trump-backed aid group with ‘fake news’: Israeli official

Next Post

Blue state Republicans threaten rebellion if Senate changes key provision in Trump’s ‘big, beautiful bill’

Next Post
Blue state Republicans threaten rebellion if Senate changes key provision in Trump’s ‘big, beautiful bill’

Blue state Republicans threaten rebellion if Senate changes key provision in Trump’s ‘big, beautiful bill’

  • Trending
  • Comments
  • Latest
Trade Surplus: Key Insights and Impacts on Currency

Trade Surplus: Key Insights and Impacts on Currency

August 30, 2024
Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

January 3, 2025
House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

January 9, 2025
Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

January 5, 2025
113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

0
Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

0
Biden nearly died of an aneurysm. Risky surgery changed his life.

Biden nearly died of an aneurysm. Risky surgery changed his life.

0
Stellar and Bitcoin Cash: Stellar still in a bearish trend

Stellar and Bitcoin Cash: Stellar still in a bearish trend

0
113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

June 10, 2025
Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

June 10, 2025
Mark Green announces retirement from Congress before end of term

Mark Green announces retirement from Congress before end of term

June 9, 2025
Trump rejects Iran’s counter-proposal in nuclear negotiations: ‘it’s just not acceptable’

Trump rejects Iran’s counter-proposal in nuclear negotiations: ‘it’s just not acceptable’

June 9, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • Trending
    • Comments
    • Latest
    Trade Surplus: Key Insights and Impacts on Currency

    Trade Surplus: Key Insights and Impacts on Currency

    August 30, 2024
    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    Mike Johnson re-elected House speaker as GOP mutiny threat dissolves

    January 3, 2025
    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    House Republicans introduce bill to repurchase Panama Canal after Trump raises concerns of Chinese control

    January 9, 2025
    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    Who is Giorgia Meloni? Trump hosts Italian PM at Mar-a-Lago

    January 5, 2025
    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    0
    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    Candidate who filmed himself in the Capitol on Jan. 6 seeks House seat

    0
    Biden nearly died of an aneurysm. Risky surgery changed his life.

    Biden nearly died of an aneurysm. Risky surgery changed his life.

    0
    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    Stellar and Bitcoin Cash: Stellar still in a bearish trend

    0
    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    June 10, 2025
    Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

    Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

    June 10, 2025
    Mark Green announces retirement from Congress before end of term

    Mark Green announces retirement from Congress before end of term

    June 9, 2025
    Trump rejects Iran’s counter-proposal in nuclear negotiations: ‘it’s just not acceptable’

    Trump rejects Iran’s counter-proposal in nuclear negotiations: ‘it’s just not acceptable’

    June 9, 2025

    Top News

    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists

    June 10, 2025
    Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

    Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well

    June 10, 2025

    Latest News

    • 113 House Dems vote against GOP resolution to condemn Boulder attack on pro-Israel activists
    • Musk signals potential softening of feud with simple one emoji response to clip of Trump wishing him well
    • Mark Green announces retirement from Congress before end of term

    About Welthok

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 welthok.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 welthok.com | All Rights Reserved