All bills
S. 2·116th Congress·Senate Bill

Fair Trade with China Enforcement Act

Stage not supplied

The source supplies the latest action, but no lifecycle stage.

Latest action (27 Feb 2019): Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-22.

What this bill does

The Fair Trade with China Enforcement Act, introduced by Senator Marco Rubio with Senator Tammy Baldwin as a cosponsor, would create a range of new trade, investment, and tax restrictions targeting the People's Republic of China. It directs the U.S. Trade Representative to compile an annual list of Chinese products linked to Beijing's "Made in China 2025" industrial policy, and it would bar the export of "national security sensitive" technology and intellectual property to China. It would also cap Chinese ownership of certain U.S. companies whose products appear on that list, prohibit federal agencies from using or contracting for telecommunications equipment or services from Huawei, ZTE, or similar entities, impose countervailing duties and automatic material-injury findings for goods on the China 2025 list, end reduced tax withholding rates for Chinese residents under the U.S.-China tax treaty, and remove certain tax exemptions currently available to the Chinese government and its central bank on U.S. investments.

The bill would primarily affect U.S. companies engaged in trade, investment, or technology transactions with China, federal agencies and contractors using Chinese telecommunications equipment, and Chinese investors or government entities holding U.S. assets or securities. It aims to restrict Chinese economic influence in strategic U.S. industries and increase costs on Chinese trade and investment.

The bill was introduced on January 3, 2019, in the 116th Congress and referred to the Senate Finance Committee. It did not receive a vote and did not become law.

Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.

Official summary

Fair Trade with China Enforcement Act

This bill revises trade, finance, and tax provisions with respect to China.

The bill directs the Department of Commerce to prohibit the export of certain U.S. technology and intellectual property to China.

The bill places a shareholder cap on Chinese investments in certain U.S. corporations.

Federal agencies are prohibited from using or procuring telecommunications equipment or services from Huawei Technologies Company, ZTE Corporation, or any other entity reasonably believed to be owned or controlled by China.

The bill requires the U.S. Trade Representative to list certain Chinese products that receive support pursuant to China's Made in China 2025 policy. The bill expedites the countervailing duty process (i.e., the imposition of duties to offset a subsidy by a foreign government) for products on such a list.

The bill amends the Internal Revenue Code to (1) repeal certain reduced withholding rates for residents of China, and (2) tax income received by China from certain U.S. investments.

Timeline

  1. 27 Feb 2019

    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-22.

Common questions

What does S. 2 do?
The Fair Trade with China Enforcement Act, introduced by Senator Marco Rubio with Senator Tammy Baldwin as a cosponsor, would create a range of new trade, investment, and tax restrictions targeting the People's Republic of China. It directs the U.S. Trade Representative to compile an annual list of Chinese products linked to Beijing's "Made in China 2025" industrial policy, and it would bar the export of "national security sensitive" technology and intellectual property to China. It would also cap Chinese ownership of certain U.S. companies whose products appear on that list, prohibit federal agencies from using or contracting for telecommunications equipment or services from Huawei, ZTE, or similar entities, impose countervailing duties and automatic material-injury findings for goods on the China 2025 list, end reduced tax withholding rates for Chinese residents under the U.S.-China tax treaty, and remove certain tax exemptions currently available to the Chinese government and its central bank on U.S. investments. The bill would primarily affect U.S. companies engaged in trade, investment, or technology transactions with China, federal agencies and contractors using Chinese telecommunications equipment, and Chinese investors or government entities holding U.S. assets or securities. It aims to restrict Chinese economic influence in strategic U.S. industries and increase costs on Chinese trade and investment. The bill was introduced on January 3, 2019, in the 116th Congress and referred to the Senate Finance Committee. It did not receive a vote and did not become law.
Has S. 2 become law?
The source does not supply a confirmed lifecycle stage for S. 2. Check the latest action and official source below.
Who sponsored S. 2?
S. 2 was sponsored by Sen. Rubio, Marco [R-FL] (R-FL), with 2 cosponsors.
What's the latest action on S. 2?
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-22. (27 Feb 2019).

Related bills in Foreign Trade and International Finance

More bills from Sen. Rubio, Marco [R-FL]

Bill100 mirrors the public U.S. legislative record from Congress.gov and GovTrack and adds plain-English AI summaries. It is an information tool, not legal, compliance or lobbying advice, and it is not affiliated with the U.S. Congress or any government agency. AI summaries can simplify or omit detail — every bill links to the official source; verify there before you rely on it.