Neutralizing Unfair Chinese Export Subsidies Act of 2023

HR 1137 requires the Treasury Secretary to develop a strategy within 180 days for working with international allies to pressure China into complying with OECD export credit rules. It amends a 2012 law to extend the deadline for eliminating unfair Chinese export subsidies from 2019 to 2029 and updates negotiation protocols. The bill shifts responsibility for trade negotiations to the Treasury Secretary (in consultation with the Trade Representative), mandates biannual negotiations with China, and specifies new reporting requirements. This legislation directly affects U.S. trade policy toward China, focusing on international coordination to address export subsidies under OECD standards.