Overview
- Rollins described foreign farmland purchases as instruments that could be “turned against us,” framing the plan as essential to protect U.S. military installations and food security.
- The plan imposes an outright ban on new U.S. farmland acquisitions by Chinese nationals and other designated adversaries.
- It authorizes the USDA to reclaim land already purchased by China and other foreign adversaries through a clawback provision.
- China’s foreign ministry spokeswoman Mao Ning denounced the plan as discriminatory and warned it violates international trade norms and undermines U.S. interests.
- At the end of 2023, China held 112,234 hectares of U.S. agricultural land, including holdings like Smithfield Foods acquired by the WH Group.