118th Congress · SENATE BILLBILL

S. 153 — Fair Trade with China Enforcement Act

“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.”

Foreign trade and international finance

Introduced Jan 30, 2023

Last action Jan 30, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 30, 2023

Step 2

Referred

Jan 30, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill revises trade, finance, and tax provisions with respect to China. Specifically, the bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China, and it places a shareholder cap on Chinese investments in certain U.S. entities. The bill prohibits federal agencies 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. Further, the bill requires the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill e...

Provisions · 10 sectionsIntroduced in Senate

4 provisions

3 provisions

Timeline · 2 actions

Jan 30, 2023

Introduced in Senate

Jan 30, 2023

Read twice and referred to the Committee on Finance.