To safeguard certain technology and intellectual property in the United States from export to or influence by the People's Republic of China and to protect United States industry from unfair competition by the People's Republic of China, and for other purposes.
• Ways and Means Committee• Foreign Affairs Committee• Trade Subcommittee• Financial Services Committee• Judiciary Committee• Oversight and Government Reform Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Fair Trade with China Enforcement Act This bill revises trade, finance, and tax provisions with respect to China. The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China. The bill amends the Securities Exchange Act of 1934 to place a shareholder cap on Chinese investments in certain U.S. corporations. Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China. The bill amends the Trade Act of 1974 to require the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill amends the Tariff Act of 1930 to expedite the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list. The bill amends the Internal Revenue Code to: repeal certain reduced withholding rates for residents of China, tax income received by China from certain U.S. investments, and tax income derived from certain Chinese investments. Stopping Foreign Businesses Sanctuary Act of 2018 This bill amends the federal judicial code to allow U.S. courts to hear cases against certain entities or corporate affiliates of a foreign state.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, the Judiciary, Foreign Affairs, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, the Judiciary, Foreign Affairs, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Agricultural equipment and machineryAlliancesAsiaAviation and airportsChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyCorporate finance and managementElectric power generation and transmissionEnergy storage, supplies, demandForeign and international bankingForeign and international corporationsFree trade and trade barriersGeneticsHealth technology, devices, suppliesHong KongHuman rightsHybrid, electric, and advanced technology vehiclesIncome tax exclusionIncome tax ratesIndustrial policy and productivityIntellectual propertyInternet and video servicesInternet, web applications, social mediaJurisdiction and venueManufacturingMarine and inland water transportationMaterialsMilitary procurement, research, weapons developmentMotor vehiclesProtest and dissentPublic contracts and procurementRailroadsSecuritiesSovereignty, recognition, national governance and statusTariffsTaxation of foreign incomeTechnology transfer and commercializationTelephone and wireless communicationTrade restrictionsU.S. and foreign investmentsWages and earnings
To safeguard certain technology and intellectual property in the United States from export to or influence by the People's Republic of China and to protect United States industry from unfair competition by the People's Republic of China, and for other purposes.
USA115th CongressHR-6001| House
| Updated: 6/8/2018
Fair Trade with China Enforcement Act This bill revises trade, finance, and tax provisions with respect to China. The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China. The bill amends the Securities Exchange Act of 1934 to place a shareholder cap on Chinese investments in certain U.S. corporations. Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China. The bill amends the Trade Act of 1974 to require the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill amends the Tariff Act of 1930 to expedite the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list. The bill amends the Internal Revenue Code to: repeal certain reduced withholding rates for residents of China, tax income received by China from certain U.S. investments, and tax income derived from certain Chinese investments. Stopping Foreign Businesses Sanctuary Act of 2018 This bill amends the federal judicial code to allow U.S. courts to hear cases against certain entities or corporate affiliates of a foreign state.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, the Judiciary, Foreign Affairs, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, the Judiciary, Foreign Affairs, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
• Ways and Means Committee• Foreign Affairs Committee• Trade Subcommittee• Financial Services Committee• Judiciary Committee• Oversight and Government Reform Committee
Agricultural equipment and machineryAlliancesAsiaAviation and airportsChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyCorporate finance and managementElectric power generation and transmissionEnergy storage, supplies, demandForeign and international bankingForeign and international corporationsFree trade and trade barriersGeneticsHealth technology, devices, suppliesHong KongHuman rightsHybrid, electric, and advanced technology vehiclesIncome tax exclusionIncome tax ratesIndustrial policy and productivityIntellectual propertyInternet and video servicesInternet, web applications, social mediaJurisdiction and venueManufacturingMarine and inland water transportationMaterialsMilitary procurement, research, weapons developmentMotor vehiclesProtest and dissentPublic contracts and procurementRailroadsSecuritiesSovereignty, recognition, national governance and statusTariffsTaxation of foreign incomeTechnology transfer and commercializationTelephone and wireless communicationTrade restrictionsU.S. and foreign investmentsWages and earnings