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This bill addresses foreign government seizure of U.S. property and expands trade law to cover expropriation. Section 2 requires the Secretary of Homeland Security, with Treasury and State, to identify and designate 'prohibited property', any port, harbor, or marine terminal in a Western Hemisphere free trade partner country that is accessible only through land owned by a U.S. person and that has been nationalized, expropriated, or otherwise seized by that government since January 1, 2024. The President must then prohibit any vessel that was loaded or held at such property from importing goods into the U.S., releasing goods or passengers into the U.S., docking passenger vessels in the U.S., or conducting servicing or maintenance activities. Section 3 amends Section 301 of the Trade Act of 1974 to add that expropriation, arbitrary treatment, denial of due process, or nationality-based discrimination against a U.S. person's assets are unreasonable or discriminatory acts, policies, or practices.
Summary of the bill text as introduced in House (Jul 21, 2025), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.
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Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.