New set of bills would counter CCP's Belt and Road initiative: 'we can mute China's siren song'

Another would use tariffs collected on Chinese goods to offer a tax incentive to offset moving costs for U.S. companies to bring their operations back to U.S. soil. 

The Western Hemisphere Nearshoring Act would institute a program through the International Development Finance Corporation to buy down interest rates with tariff money. 

"Communist China's malign influence continues to spread throughout the Western Hemisphere. It's time for us to take a stand. By rebuilding infrastructure and manufacturing jobs in this region, we can mute China's siren song," Green told Fox News Digital. 

Lawmakers have begun to float ideas to "reshore" supply chains from China and reassert hegemony in the western hemisphere with trade partnerships throughout the Americas. 

Trump has signaled that he will re-prioritize the western hemisphere, a priority dating back to the Monroe Doctrine of 1823, through calls for the U.S. to take back the Panama Canal. 

China is the second-largest user of the canal after the U.S. and a major investor in the country. Two of the canal's ports of entry are owned by a subsidiary of a Hong Kong-based company, CK Hutchison. Beijing also helped finance a new bridge over the waterway.