"Three Republican U.S. senators introduced legislation on Thursday aimed at increasing American manufacturing to help limit the nation's dependence on China for prescription drugs, medical supplies and devices.

"Sens. Kelly Loeffler, R-Ga., Joni Ernst, R-Iowa., and Ted Cruz, R-Texas, introduced the "Bring Entrepreneurial Advancements to Consumers Here In North America – or the "Beat China Act – to "incentivize pharmaceutical and medical device and supply manufacturers to relocate to the United States," according to a press release from Loeffler's office."

Read more here.