This bill matters because it broadens the scope of U.S. foreign policy regarding international boycotts. If passed, it would mean the U.S. government has a clearer stance against non-U.S.-sanctioned boycotts, regardless of whether they originate from a single country or a large international body. This could impact how U.S. companies interact with international organizations and could prevent them from being compelled to take sides in disputes where an IGO has initiated a boycott.

If this bill becomes law, it would provide more transparency by making the President's annual report on boycotts public. If it doesn't pass, the Anti-Boycott Act of 2018 would continue to apply only to boycotts initiated by foreign countries, leaving actions by international governmental organizations outside its direct purview, which could allow U.S. persons to comply with IGO-initiated boycotts that the U.S. government might otherwise oppose.