Summary

Requires the U.S. Trade Representative (USTR) to investigate whether Canada’s Online Streaming Act and related regulatory actions impose discriminatory or trade‑restrictive obligations on U.S. streaming services and, if so, to pursue remedies under U.S. trade law. The bill sets firm timelines for opening an investigation, producing an initial report within 90 days, providing quarterly public updates for two years, and, after 180 days from an affirmative finding, taking targeted section 301 actions (including suspension of trade concessions or imposition of duties) unless Canada removes the problematic measures. The same investigatory and enforcement framework can be applied to other U.S. free trade agreement partners that enact similar measures.

• Directs the USTR to open a section 301 investigation into Canada's Online Streaming Act within 30 days of enactment.
• Requires an initial USTR report within 90 days and quarterly public updates for two years on the investigation and bilateral engagement.
• If an affirmative finding is issued and Canada fails to act within 180 days, the USTR may impose remedies under section 301(c), including suspending trade benefits or imposing duties.
• Mandates stakeholder consultations (U.S. streaming firms, trade associations, labor, cultural organizations) and interagency coordination during the investigation.
• Gives the USTR authority to apply the same investigatory/enforcement steps to other U.S. free trade agreement partners that adopt similar measures.
• Requires publication of determinations and non‑confidential summaries of reports and updates to enhance public transparency.
• Requires congressional notification and consultation before imposing targeted trade remedies and allows termination of remedies if the foreign measures are remedied.