Amends the statement of policy in 22 U.S.C. 9611 by modifying punctuation in existing paragraphs and adding two new policy paragraphs that (1) prioritize United States-owned businesses in providing support under title II and (2) prioritize production of goods in critical industries as determined by the Corporation in consultation with the Department of Homeland Security.

Amends Title V (the provisions beginning at 22 U.S.C. 9671 et seq.) by adding a new section (headed '1455') that prohibits the Corporation from providing support under title II to entities owned or controlled by foreign governments, with a limited exception allowing feasibility studies and technical assistance for entities owned or controlled by foreign governments that are not foreign adversaries; defines 'foreign adversary.' Also makes a clerical amendment to the table of contents for the FAA Reauthorization Act of 2018 to insert a corresponding item after section 1454.

Alters the application of section 168(k) for 'qualified relocated manufacturing property' by treating such property as qualified property, setting the applicable percentage under paragraph (6) to 75 percent, and providing that paragraphs (8) and (10) of section 168(k) do not apply to such property; adds definitions and eligibility conditions for qualified relocated manufacturing property and qualified manufacturer and ties certain determinations to the Secretary of the Treasury.