Ways and Means Committee, Foreign Affairs Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Stop China's Financing of Russia's Invasion Act This bill requires additional tariffs on certain Chinese goods if China increases its importation of wheat and barley from Russia. Specifically, the bill requires the U.S. Trade Representative (USTR) to certify to the President whether China has increased the volume of wheat and barley imported from Russia relative to the volume imported on February 1, 2022. Upon an affirmative confirmation and until certain requirements are met, the President must impose an additional tariff of 20% on Chinese products that are classified under section I, II, or III of the Harmonized Tariff Schedule (which includes, among others, animal and vegetable products). Additionally, the bill directs the USTR to take certain actions, including to consider steps to suspend Russia's participation in the World Trade Organization.
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Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
Foreign Trade and International Finance
Agricultural tradeAsiaChinaConflicts and warsCongressional oversightEuropeFree trade and trade barriersGrainInternational organizations and cooperationMilitary operations and strategyPresidents and presidential powers, Vice PresidentsRussiaSanctionsTariffsTrade restrictionsUkraineWar and emergency powers
Stop China’s Financing of Russia’s Invasion Act
USA117th CongressHR-7114| House
| Updated: 3/17/2022
Stop China's Financing of Russia's Invasion Act This bill requires additional tariffs on certain Chinese goods if China increases its importation of wheat and barley from Russia. Specifically, the bill requires the U.S. Trade Representative (USTR) to certify to the President whether China has increased the volume of wheat and barley imported from Russia relative to the volume imported on February 1, 2022. Upon an affirmative confirmation and until certain requirements are met, the President must impose an additional tariff of 20% on Chinese products that are classified under section I, II, or III of the Harmonized Tariff Schedule (which includes, among others, animal and vegetable products). Additionally, the bill directs the USTR to take certain actions, including to consider steps to suspend Russia's participation in the World Trade Organization.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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.
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, 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
Foreign Trade and International Finance
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Agricultural tradeAsiaChinaConflicts and warsCongressional oversightEuropeFree trade and trade barriersGrainInternational organizations and cooperationMilitary operations and strategyPresidents and presidential powers, Vice PresidentsRussiaSanctionsTariffsTrade restrictionsUkraineWar and emergency powers