For more information on pursuing trade policy interests through the legislative process, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
China. The Fair Trade with China Enforcement Act (S. 1060, introduced March 25 by Sen. Rubio, R-Fla.) would (1) prohibit the sale of national security sensitive technology and intellectual property to China, (2) increase taxes on multinational corporations’ income earned in China at a rate similar to the lost value of stolen IP and technology, (3) prepare duties on, and impose Chinese investor shareholding caps on U.S. companies producing, goods targeted by the Made in China 2025 plan, and (4) prohibit the U.S. government, or subsidiaries/contractors, from purchasing telecommunications equipment or services from Huawei and ZTE.
The Keep China Out of Solar Energy Act (S. 1062, introduced March 25 by Sen. Rubio, R-Fla.) would (1) require the director of the Office of Management and Budget to develop standards and guidelines to prohibit federal funds from being used to purchase solar panels manufactured or assembled by entities with ties to the Communist Party of China and (2) require the Government Accountability Office to report to Congress on the amount of solar panels procured by federal departments and agencies from covered entities.
Exports. The Increasing American Jobs Through Greater Exports to Africa Act (S. 1022 (introduced March 25 by Sen. Durbin, D-Ill.) would (1) develop a comprehensive strategy to increase U.S. goods and services exports to Africa by at least 200 percent over the next ten years, (2) create a special White House Africa strategy coordinator to ensure government agencies work in tandem and maximize resources to help U.S. companies expand into African markets, (3) encourage greater attention and coordination to African commercial markets by appropriate U.S. government agencies, (4) maintain a reasonable level of U.S. Commercial Foreign Service officers in Africa to assist U.S. businesses, (5) encourage greater Export-Import Bank support to U.S. businesses wanting to compete in Africa to counter Chinese concessional loans, and (6) bolster the United States International Development Finance Corporation’s programs to foster U.S. business access to African markets.
The Natural Gas Export Expansion Act (S. 1011, introduced March 25 by Sen. Cruz, R-Texas) would eliminate regulations that discourage liquefied natural gas trade and increase LNG exports to the more than 160 countries in the World Trade Organization.
Offshoring. The Bring Jobs Home Act (H.R. 2341, introduced April 1 by Rep. Pascrell, D-N.J.) would (1) create a new tax cut to provide an incentive for U.S. companies to move jobs and business activity from other countries back to the U.S. and (2) end a tax deduction for companies that outsource job and business activity overseas.
The Corporate Tax Dodging Prevention Act (S. 991, introduced March 25 by Sen. Sanders, I-Vt., and H.R. 2254, introduced March 26 by Rep. Schakowsky, D-Ill.) would eliminate tax breaks and loopholes that encourage corporations to shift jobs and profits offshore.
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