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A bill 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 CongressS-3361| Senate 
| Updated: 8/21/2018
Marco Rubio

Marco Rubio

Republican Senator

Florida

Cosponsors (1)
Tammy Baldwin (Democratic)

Finance 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: (1) repeal certain reduced withholding rates for residents of China, and (2) tax income received by China from certain U.S. investments.
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Timeline
Jun 8, 2018

Latest Companion Bill Action

HR 115-6001
Referred to the Subcommittee on Trade.
Aug 21, 2018
Introduced in Senate
Aug 21, 2018
Read twice and referred to the Committee on Finance.
  • June 8, 2018

    Latest Companion Bill Action

    HR 115-6001
    Referred to the Subcommittee on Trade.


  • August 21, 2018
    Introduced in Senate


  • August 21, 2018
    Read twice and referred to the Committee on Finance.

Foreign Trade and International Finance

Related Bills

  • S 115-2826: A bill 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.
  • HR 115-4747: To prohibit the Government from using or contracting with an entity that uses certain telecommunications services or equipment, and for other purposes.
  • HR 115-6001: 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.
  • S 115-2391: A bill to prohibit the United States Government from using or contracting with an entity that uses certain telecommunications services or equipment, and for other purposes.
Agricultural equipment and machineryAlliancesAsiaAviation and airportsChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyElectric 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 mediaManufacturingMarine 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

A bill 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 CongressS-3361| Senate 
| Updated: 8/21/2018
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: (1) repeal certain reduced withholding rates for residents of China, and (2) tax income received by China from certain U.S. investments.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 8, 2018

Latest Companion Bill Action

HR 115-6001
Referred to the Subcommittee on Trade.
Aug 21, 2018
Introduced in Senate
Aug 21, 2018
Read twice and referred to the Committee on Finance.
  • June 8, 2018

    Latest Companion Bill Action

    HR 115-6001
    Referred to the Subcommittee on Trade.


  • August 21, 2018
    Introduced in Senate


  • August 21, 2018
    Read twice and referred to the Committee on Finance.
Marco Rubio

Marco Rubio

Republican Senator

Florida

Cosponsors (1)
Tammy Baldwin (Democratic)

Finance Committee

Foreign Trade and International Finance

Related Bills

  • S 115-2826: A bill 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.
  • HR 115-4747: To prohibit the Government from using or contracting with an entity that uses certain telecommunications services or equipment, and for other purposes.
  • HR 115-6001: 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.
  • S 115-2391: A bill to prohibit the United States Government from using or contracting with an entity that uses certain telecommunications services or equipment, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Agricultural equipment and machineryAlliancesAsiaAviation and airportsChinaCompetitiveness, trade promotion, trade deficitsComputers and information technologyElectric 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 mediaManufacturingMarine 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