118th Congress · SENATE BILLBILL

S. 2545 — Strengthen American Competitiveness Against Harmful Subsidies Act of 2023

“A bill to require the United States Trade Representative to regularly monitor industrial subsidies provided by the Government of the People's Republic of China and submit a report on the risks posed by those subsidies, and for other purposes.”

Foreign trade and international finance

Introduced Jul 26, 2023

Last action Jul 26, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 26, 2023

Step 2

Referred

Jul 26, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Office of the U.S. Trade Representative (USTR) to regularly monitor and report on industrial subsidies provided by the Chinese government. First, the USTR must coordinate with specified federal agencies to regularly monitor (1) industrial subsidies provided by the Chinese government; and (2) plans by the Chinese government to implement new, or expand existing, industrial subsidies. Second, the USTR must coordinate with specified federal agencies to submit an annual report to Congress that identifies current and expected industrial subsidies provided by the Chinese government that pose a significant risk to (1) employment in the United States, including employment in...

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 26, 2023

Introduced in Senate

Jul 26, 2023

Read twice and referred to the Committee on Finance.