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U.S. Senators Pushing Fair Trade with China Enforcement Act

21 August 2018

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Proposed Changes

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United States-China

U.S. Senator Tammy Baldwin (D-WI) has announced the unveiling of the Fair Trade with China Enforcement Act together with Senator Marco Rubio (R-FL). The text of Bill S.2826 was first introduced by Senator Rubio in May 2018 ({News-2018-05-24/P/2-previous coverage}) and includes measures meant to protect U.S. industry from unfair competition by China. According to the announcement, the legislation would: Prohibit the sale of national security sensitive technology and intellectual property to China; Update an income tax treaty signed in the 1980s and tax China on their investment in the U.S., including their holdings of the national debt; Prepare duties on,...