H.R. 7114 · 117th Congress
Stop China’s Financing of Russia’s Invasion Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BuddSponsorNo cosponsors.
This bill requires additional tariffs on certain Chinese goods if China increases its importation of wheat and barley from Russia.
What it does: CRS summary · Introduced in House · Mar 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Stop China’s Financing of Russia’s Invasion Act
Latest action (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.
Policy area: Foreign Trade and International Finance · Origin: House · Introduced: Mar 17, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.