S.Amdt. 727

1. Adds SEC. __. SENSE OF CONGRESS ON CERTAIN TRADE-DISTORTING PRACTICES OF THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA at the end of the bill

   Adds a section

   In S. 1619 · Placed on Calendar Senate

   The Exchange Rates and International Economic Policy Coordination Act of 1988 (22 U.S.C. 5301 et seq.) is repealed.

   Inserted: SEC. __. SENSE OF CONGRESS ON CERTAIN TRADE-DISTORTING PRACTICES OF THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA.

   Inserted: (a) In General.--It is the sense of Congress that--

   Inserted: (1) the United States Trade Representative and the United States International Trade Commission should investigate the practices of the Government of the People's Republic of China described in subsection (b) to determine if those practices violate the rules of the World Trade Organization or if a remedy for those practices is available under the laws of the United States; and

   Inserted: (2) the United States Trade Representative should hold the Government of the People's Republic of China accountable for failing to adhere to the spirit and the letter of its trade commitments through all available fora, including through bilateral negotiations and the dispute settlement process of the World Trade Organization.

   Inserted: (b) Practices Described.--The practices of the Government of the People's Republic of China described in this subsection are practices that--

   Inserted: (1) nullify or impair the benefits provided to the United States or United States persons under the rules of the World Trade Organization;

   Inserted: (2) impose restraints on the exportation from the People's Republic of China of various forms of raw or precursor materials, including rare earth oxides and alloys;

   Inserted: (3) impose requirements that United States persons transfer technology or other intellectual property to entities of the People's Republic of China as a precondition for gaining or increasing access to the market of the People's Republic of China;

   Inserted: (4) impose nontariff barriers to the importation of goods and services from the United States, including goods and services produced or provided by the renewable and clean energy, clean transportation, and new energy vehicle sectors; and

   Inserted: (5) discriminate against intellectual property on the basis of its national origin.

   Inserted: (c) Definitions.--In this section:

   Inserted: (1) Entity of the people's republic of china.--The term "entity of the People's Republic of China" means an entity owned or controlled by the Government of the People's Republic of China or by citizens of the People's Republic of China.

   Show 3 more inserted paragraphsShow less

   Inserted: (2) United states person.--The term "United States person" means--

   Inserted: (A) an individual who is a citizen of the United States or an alien lawfully admitted for permanent residence to the United States; or

   Inserted: (B) an entity organized under the laws of the United States or of any jurisdiction within the United States.

   Original wording

   At the end, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed