Fair Trade with China Enforcement Act
The Fair Trade with China Enforcement Act establishes a list of products supported by China's "Made in China 2025" industrial policy, targeting 10 critical sectors including semiconductors, robotics, artificial intelligence, and advanced medical equipment. It prohibits U.S. exports of national security-sensitive technology and intellectual property to China, limits Chinese investment in U.S. companies in strategic industries to 50% ownership, and bans the use of Chinese telecommunications equipment like Huawei and ZTE in U.S. government systems. The bill also imposes countervailing duties on Chinese goods related to the Made in China 2025 plan, repeals preferential tax rates for Chinese residents, and taxes U.S. obligations held by China's government. These provisions directly affect U.S. companies operating in targeted sectors, Chinese entities investing in the U.S., and U.S. government agencies procuring telecommunications equipment. The bill aims to reduce Chinese influence in U.S. economic and national security sectors while addressing trade imbalances.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
President
Introduced Jan 30, 2023
Last action Jan 30, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 30, 2023
Senate · Referred to committee
Read twice and referred to the Committee on Finance.
Jan 30, 2023
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Marco Rubio
RRepublican
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