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Neutralizing Unfair Chinese Export Subsidies Act of 2020

USA116th CongressHR-5846| House 
| Updated: 2/11/2020
Lee M. Zeldin

Lee M. Zeldin

Republican Representative

New York

Cosponsors (1)
Chris Jacobs (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Neutralizing Unfair Chinese Export Subsidies Act of 2020 This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing. Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies. Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to the Department of the Treasury.
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Timeline
Feb 11, 2020
Introduced in House
Feb 11, 2020
Referred to the House Committee on Financial Services.
  • February 11, 2020
    Introduced in House


  • February 11, 2020
    Referred to the House Committee on Financial Services.

Foreign Trade and International Finance

ChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightGovernment lending and loan guaranteesTrade agreements and negotiationsTrade restrictions

Neutralizing Unfair Chinese Export Subsidies Act of 2020

USA116th CongressHR-5846| House 
| Updated: 2/11/2020
Neutralizing Unfair Chinese Export Subsidies Act of 2020 This bill places requirements on the Department of the Treasury related to negotiations to end export credit financing. Specifically, the bill requires Treasury to submit a strategy for U.S. advocacy and cooperation with allies and partners. Such strategy shall encompass how to (1) ensure compliance by China with the financial terms and conditions of the Organization for Economic Cooperation and Development Arrangement on Officially Supported Export Credits, and (2) eliminate subsidized export financing programs and other forms of export subsidies. Additionally, the bill shifts certain requirements for negotiations related to ending export credit financing that currently lay with the President to the Department of the Treasury.
View Full Text

Suggested Questions

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

Timeline
Feb 11, 2020
Introduced in House
Feb 11, 2020
Referred to the House Committee on Financial Services.
  • February 11, 2020
    Introduced in House


  • February 11, 2020
    Referred to the House Committee on Financial Services.
Lee M. Zeldin

Lee M. Zeldin

Republican Representative

New York

Cosponsors (1)
Chris Jacobs (Republican)

Financial Services Committee

Foreign Trade and International Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
ChinaCompetitiveness, trade promotion, trade deficitsCongressional oversightGovernment lending and loan guaranteesTrade agreements and negotiationsTrade restrictions