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Stop China’s Financing of Russia’s Invasion Act

USA117th CongressHR-7114| House 
| Updated: 3/17/2022
Ted Budd

Ted Budd

Republican Representative

North Carolina

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
Mar 17, 2022
Introduced in House
Mar 17, 2022
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.
  • March 17, 2022
    Introduced in House


  • March 17, 2022
    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.
View Full Text

Suggested Questions

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

Timeline
Mar 17, 2022
Introduced in House
Mar 17, 2022
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.
  • March 17, 2022
    Introduced in House


  • March 17, 2022
    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.
Ted Budd

Ted Budd

Republican Representative

North Carolina

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