Neutralizing Unfair Chinese Export Subsidies Act of 2023
- Last Action
- 2/21/2023
Actions
- 2023-02-21Referred to the House Committee on Financial Services.
- 2023-02-21Introduced in House
- 2023-02-21Introduced in House
CRS Summary
As of 2023-02-21 (00)
Neutralizing Unfair Chinese Export Subsidies Act of 2023
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 Treasury.
Subjects
- China
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Government lending and loan guarantees
- Trade agreements and negotiations
- Trade restrictions
Sourced from Congress.gov (public domain).
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