S. 1586 · 108th Congress
A bill to authorize appropriate action if the negotiations with the People's Republic of China regarding…
Full title
A bill to authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulations are not successful.
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SchumerSponsor12 cosponsors · 7 D, 5 R
R
Bunning
EB
D
Bayh
RD
D
Durbin
ED
R
Dole
LG
R
Graham
HC
D
Clinton
ME
R
Enzi
DS
D
Stabenow
HK
D
Kohl
AS
R
Specter
CL
D
Levin
CD
D
Dodd5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Imposes an additional duty of 27.5 percent on Chinese goods imported into the United States unless the President submits a certification to Congress that the People's Republic of China (PRC) is no longer manipulating the rate of exchange and is complying with accepted market-based trading policies.
What it does: CRS summary · Introduced in Senate · Sep 5, 2003
Imposes an additional duty of 27.5 percent on Chinese goods imported into the United States unless the President submits a certification to Congress that the People's Republic of China (PRC) is no longer manipulating the rate of exchange and is complying with accepted market-based trading policies.
Directs the Secretary of the Treasury to negotiate with the PRC to ensure a process that leads to a market-based system of currency valuation.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to authorize appropriate action if the negotiations with the People's Republic of China regarding China's undervalued currency and currency manipulations are not successful.
Latest action (Sep 5, 2003): Read twice and referred to the Committee on Finance.
Policy area: Foreign Trade and International Finance · Origin: Senate · Introduced: Sep 5, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.